Singapore condo and HDB rents rise in March; rental volume also up: SRX flash estimates

Singapore condo and HDB rents rise in March; rental volume also up

Source: https://www.businesstimes.com.sg/real-estate/singapore-condo-and-hdb-rents-rise-in-march-rental-volume-also-up-srx-flash-estimates

Rental for non-land private property had rose 0.3% in March 2019 as compared to February 2019. We also witness an increase of 1.5% from March 2018 based on year-on-year comparison. This article had further shown that rental price had stabilized and vacancy rates had been decreasing gradually.

It is also a testimonial to Singapore private residential section, which had proven to be resilient over the decades. Singapore is a vital financial hub in Asia with its ideal geographic location. Plenty of expatriates had arrive on our shore in search of better job opportunity. When come to selecting choice location from their accommodation, staying near to MRT and close to city is their most important consideration.

As Parc Esta is just located next to Eunos MRT, and one station away from Paya Lebar Sub-Regional Center with plenty of amenities. It can easily attract tenants who is working near to this vicinity. At the same time, the reputation of a developer is also another critical factor to consider. As MCL Land is a reputable developer with more than 50 years of experience, potential homeowners and investors can safely rely on their top quality finishing.

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