Condo rental market: Price increased by 0.3%, volume decreased by 14%

HDB rental market: Price decreased by 0.4%, volume decreased by 12.3%

HDB rental market: Price decreased by 0.4%, volume decreased by 12.3%

Despite the month-on-month decline, HDB rents remained higher on a year-on-year basis, up by 4.2% overall from August 2023. Year-on-year increases were seen across all room types:

• 3-Room Flats: +3.8%
• 4-Room Flats: +4.2%
• 5-Room Flats: +4.6%
• Executive Flats: +5.9%