Condo rents drop by 0.6% in May

Rental volume jumped by 5.8%, however.

Rentals for non-landed private residential units dropped by 0.6% last month, with rents in the core central region (CCR), rest of central region (RCR), and outside central region (OCR), decreasing by 0.8%, 0.4%, and 0.5% respectively.

According to estimates by SRX, year-on-year, rents dropped by 5.2%, and have cascaded by 16.5% from its peak in January 2013.

Meanwhile, condo rental volume has increased by 5.8%, with an 4.400 Non-landed Private Residential units were rented last month.

“Year-on-year, rental volume in May 2016 was 14.4% higher than 3,845 units rented in May 2015,” SRX property said.

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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 has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley