HDB rental volume slumps 17.2% in April
Only 1,619 HDB flats were rented in the said month.
HDB Flats saw a drop in rental volume for the past month, down 17.2% to 1,619 rented flats from 1,956 recorded in March.
According to SRX Property, the rental volume decreased 21% from April last year.
Meanwhile, HDB rents ticked up 0.1% from the previous month. HDB 3 Rooms, HDB 5 Rooms and HDB Executive increased by 0.1%, 0.4% and 2.2% respectively. On the other hand, HDB 4 Rooms decreased by 0.7%.
On a yearly basis, rents in the said month were down 4.3%. Compared to its peak in August 2013, rents were down 13.6%.