Chart of the Day: Private home leasings hit 23,095 in Q2

There are 980 more transactions in Q2 compared to the previous quarter.

This chart from OrangeTee & Tie shows that there were 23,095 private home leasings in Q2, up 4.4% QoQ compared to the 22,115 leasings in Q1.

On a yearly basis, the number of private home leasings rose 2.2%.

Rents of private homes rose 1.3% in the second quarter compared to a 1.0% increase in the preceding quarter, according to URA Realis data. Rents for non-landed homes increased across all market segments, led by CCR (1.5%), followed by RCR (1.4%) and OCR (1.2%).

Overall occupancy rates fell marginally by 0.1 ppt to 93.6% last quarter as rates fell in CCR (-0.2 pp) and OCR (-0.3 ppt). RCR’s occupancy marginally improved by 0.4 ppt. OrangeTee & Tie said that dip is negligible as occupancy rates across all segments are still above 90%.

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Vibrant Group wins suit against Blackgold Australia
The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley