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by OrangeTee & Tie Pte Ltd.

Tenants may opt for condo units as vacancies rise and rents fall

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The rental price gap between Housing Board flats and condos has narrowed substantially. Rents of private units have fallen for over six months, while HDB rents have remained stable, and even reached new highs in the same period.

If these trends continue, renting a private home may become more appealing than renting an HDB flat. More tenants may move back to condos, which may pave the way for a gradual private rent recovery.

Read the full article, written by Christine Sun, Chief Researcher and Strategist at OrangeTee Group in the link below.

To read full article: click here

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