SINGAPORE REAL ESTATE
  • Hot New Launches
    • Verticus
    • Jadescape
    • Stirling Residences
    • One Pearl Bank 万宝轩
    • Belgravia Green
    • Haus on Handy
  • NEW LAUNCH PROMOS
  • MARKET UPDATES
  • Contact
  • 1953

Private Home Leasings Show 4.4% Increase In Q2

10/2/2019

0 Comments

 
Picture
​URA Realis data show rents of private homes rose 1.3 percent in Q2 compared to a one percent rise in the preceding quarter. Rents for non-landed homes rose across all market segments, with OCR, RCR and CCR having 1.2 percent, 1.4 percent and 1.5 percent respectively.

Private home leasings in Q2 2019 reached 23,095, a 4.4 percent increase quarter-on-quarter compared to 22,115 private home leasings in Q1, reported Singapore Business Review citing OrangeTee & Tie.

This number of private home leasings grew 2.2 percent on a yearly basis.

URA Realis data show rents of private homes rose 1.3 percent in Q2 compared to a one percent rise in the preceding quarter. Rents for non-landed homes rose across all market segments, with OCR, RCR and CCR having 1.2 percent, 1.4 percent and 1.5 percent respectively.

Overall occupancy rates fell by 0.1 ppt to 93.6 percent last quarter as rates decreased in OCR (-0.3 ppt) and CCR (-0.2 ppt). RCR’s occupancy rate, on the other hand, improved by 0.4 ppt
​
OrangeTee & Tie explained that the dip is nothing to worry about as occupancy rates for all segments still sit above 90 percent.
0 Comments

    Archives

    April 2020
    March 2020
    October 2019
    August 2019
    July 2019

    Categories

    All

    RSS Feed

Latest Hot Launches

Verticus | JadeScape | | Stirling Residences | Belgravia Green | Haus on Handy |  

    Subscribe to our Newsletters

    Privacy Policies
Subscribe

Get in touch with us

Hours
M-S: 7am - 9pm
Mobile
+65 9751 5995
Email
info@sgpre.com

Disclaimer: While the site owner has endeavored to ensure that the information and material contained herein are accurate. The site owner is not responsible for any errors or omissions, or for the results obtained from their use or the reliance placed on them. All information is provided “as is”, with no guarantee of completeness, and accuracy. All areas, be it land size or build up size, are estimates and not a representation of fact. Images of BUC are artist impression only. In no event will the site owner thereof be liable in contract or in tort, to any party for any decision. Property investment carries risk; please seek professional advice before making a decision. 
  • Hot New Launches
    • Verticus
    • Jadescape
    • Stirling Residences
    • One Pearl Bank 万宝轩
    • Belgravia Green
    • Haus on Handy
  • NEW LAUNCH PROMOS
  • MARKET UPDATES
  • Contact
  • 1953