condo rental volume

CCRrents decrease by 0.3%, RCR rents increase by0.4% while OCR rents experience no change.

• Year-on-year, overall rents increase by8.0% from June 2020.

• Year-on-year, rents in CCR, RCR and OCRincrease by 6.7%, 8.0% and 8.9%respectively.

• Rents are down 11.1% from the peak inJanuary 2013.

An estimated 5,468 units are rented in June 2021as compared to 5,083 units rented in May 2021.

• Year-on-year, rental volumes are 11.4%higher.

• Volumes are 12.4% higher than the 5-yearaverage volume for the month of June.

• Breaking down by regions, in June 2021,39.2% of the total volumes are from OCR,32.0% from RCR and 28.8% from CCR.

• Actual volume in May is higher than theestimate given in last month's flash report.

Mature and Non-Mature Estates rentsincrease by 0.1% and 1.9% respectively. 3 Room, 4Room and 5 Room rents increase by 0.9%, 0.5%and 1.5% respectively while Executive rentsremain flat.

• Year-on-year, overall rents increase by9.2%.

• Year-on-year, Mature Estates and Non-Mature Estates rents increase by 6.6% and11.8% respectively.

• Year-on-year, all room types record rentincreases: 3 Room by 8.8%, 4 Room by9.2%, 5 Room by 9.8% and Executive rentsby 6.2%.

• Rents are down 8.3% from the peak inAugust 2013.

An estimated 1,910 HDB flats are rented in June2021 compared to 1,857 units in May 2021.

• Year-on-year, rental volumes decrease by6.8% from June 2020.

• Volumes are 1.3% lower than the 5-yearaverage volume for the month of June.

• Breaking down by room types, in June2021, 36.9% of the total volumes are from 4Room, 34.6% from 3 Room, 23.4% from 5Room and 5.1% from Executive.

• Actual volume in May is higher than theestimate given in last month's flash report.

Condo Rental Volume

2021 June Condo Rental Index 119.4

2021 May Condo Rental Index 119.4

Change (Month-on-Month) 0.0%

Source: SRX / URA

SPI for Condo Rental

Note: Latest month figures are flash estimates based on past transaction trends. Volumes will be adjusted for accuracy in subsequent months' flash reports as more transactions are confirmed and recorded.

Note: Percentage change is calculated from non-rounded values. All values are rounded to one decimal point thereafter.

5,468 [E]

Note: Latest month figures are flash estimates. Percentage changes are calculated based on actual index number with more decimalplaces shown in the report.

Source: SRX / URA

2021 June HDB Rental Index 126.8

2021 May HDB Rental Index 125.5

Change (Month-on-Month) 1.0%

HDB Rental Volume

1,910 [E]

SPI for HDB Rental

Note: Latest month figures are flash estimates based on past transaction trends. Volumes will be adjusted for accuracy in subsequentmonths' flash reports as more transactions are confirmed and recorded.

Source: SRX / URA

Note: Percentage change is calculated from non-rounded values. All values are rounded to one decimal point thereafter.

Note: Grey fields contain figures derived from fewer than 10 transactions. Purple fields contain figures derived from only 1 transaction.


Source: SRX

^ Non-Mature Estates (as defined by HDB): Bukit Batok, Bukit Panjang, Choa Chu Kang, Hougang, Jurong East, Jurong West, Punggol, Sembawang, Sengkang, Woodlands and Yishun.


Source: SRX

SPI for HDB Rental in Mature and Non-Mature Estates^

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condo rental volume

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