Rents of private condos down 2.2% m-o-m in May: Savills
Amidst the challenging economic conditions in Singapore, private non-landed home rents have registered a decline in May. URA data suggests that the average median rents for one- to four-bedroom units saw a decrease of 2.2% from April. Alan Cheong, Executive Director of Savills Research & Consultancy, notes that this is unsurprising, since the influx of […]