For foreigners, Singapores most expensive is the rent!Many netizens said that half of their salaries are used to pay for rent.
Fortunately, since the second half of last year, the rent has begun to fall. As of this month, it has fallen for 6 consecutive months.
Singapore apartment rent has fallen 0.7%, the apartment rental market is heated
According to the real estate website SRX and 99.COs estimated data shows that in January 2024, Singapore apartment rent fell 0.7%compared to December last year, and it has fallen for 6 consecutive months!Compared with the same period last year, it only rose slightly by 0.4%.
In addition to the rent of private houses in the core Central District (CCR), the rent of private houses is slightly increased by 0.4%. Apartments outside the Central District (OCR) have fallen by 1%, and other central districts (RCR) are even moreFall to 1.6%.
The decline in prices has also kept the apartment rental market. Singapore was rented by 6,016 apartments last month, an increase of 6.2%over the previous month.
(Figure: ISTOCK)
Except the four-bedroom group,All types of rent of other types of rent fell
Look at the HDB market. In addition to the rent of the four -bedroom houses, the rent of other types of houses has fallen.Among them, apartment -type houses have the largest decline, the highest point is 3%.It is expected to continue to fall in the future.
The trading volume of the rental market has also significantly rebounded.In January of this year, 3024 groups in the island were rented, with a monthly ratio of 4.6%, an annual increase of 5.3%
(Figure source source: Pixabay)
The group houses and apartments that were delayed due to various reasons were basically completed. Residents can already stay in.No longer, the rent will naturally fall.
There is a rental group in Singapores eyes. If you want to know more information about renting and buying a house, you can scan the code to add the following customer service to the "rental house" to learn more.
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