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Singapore Rental News


Private Condo Rents Slide by 2.7% Year on Year to July

14 Aug 2017

Private sector residential condo rents continued to slide overall, showing a 2.7% annual decline, year on year to July 2017. The Core Central Region posted a 1.9% price decrease and the Rest of Central Region posting a 3.8% decline with the rentals Outside Central Region off by 2.5%.

The bad news continued for landlords with rental rates off from a peak in January 2013 by 18.9%.

There was...

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HDB Rents Lower by 0.1% in July

13 Aug 2017

July figures show that only 1,835 HDB flats were rented and rents peeled off slighty by a negative 0.1% when compared to the previous period. 

Only 1,835 flats were rented.

HDB flats saw slightly lower rents in the past month, down 0.1% compared to the previous period.

According to SRX Property's latest figures, HDB 3 Rooms increased by 0.7%, whilst HDB 4 rooms, 5 rooms, and Exec...

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Why Photography Matters

10 Jul 2017

When it comes to property listings, the importance of quality, professional photography cannot be understated. These images provide the vital first impression, and act as a vital window of opportunity to grab the viewers’ attention within just seconds.

This fact was highlights recently in a legal battle between American real estate giant Zillow and a website called McMansion Hell, an increas...

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No More Than 6 Unrelated Tenants in Private Properties from May 15, URA Informs Agents

13 May 2017

RENTALS.SG Comment: New compliance rules as published in the Straits Times on May 12.

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SINGAPORE - Private residential properties may be rented out to no more than six unrelated persons from Monday (May 15), according to a letter sent out to real estate agencies by the Urban Redevelopment Authority (URA) on Thursday (May 11).

The current cap is eight unrelated...

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Singapore Prime Retail Rental Rates Slide Further

15 Apr 2017

RENTALS.SG Comments: An interesting article that first appeared in The Singapore Business Review on April 12 2017. Recent and ongoing reports indicate that the retail sector continues to be hammered by vacancy rates. This is evidenced by the rise of the “pop-up” or short-term outlets that fill vacant shop shells. You can list your retail space for rent through RENTALS.SG and go direct to tenant...

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Will Lower Rental Rates Boost Singapore Retail?

01 Apr 2017

RENTALS.SG Comments: A good article below on the current plight of the retail industry. Walk around some retails centres and the number of units closing is quite dramatic but rental rates do remain high forcing margins and the closure of some retail experiences. Our direct landlord to tenant, no commission, commercial rental model strips out some costs, allowing landlords to be more competitive...

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Singapore Property Prices Seen Easing Despite Relaxed Property Curbs: Fitch

16 Mar 2017

RENTALS.SG Comments: Further to falling property prices, our opinion is that rental rates, in absolute terms, will continue to fall and occupancy levels will remain flat across the residential rental property sector in 2017 – 2018. Yields may stay close to current levels as rental rates track down any curve in falling property prices.

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Business Times 16 March 2017...

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Singapore Rushes to Save Banks Amid Property Rules Easing

12 Mar 2017

RENTALS.SG Comments: A delicate situation where property values still remain high. The cost of servicing property loans is already taking a toll in a market where rental occupancy and rental rates are not showing any positive overall improvement. At RENTALS.SG, we connect landlords and tenants in an effort to save agent commission fees and improve both service and bottom line.

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Singapore's Prime Office Rents to Slide Further this Year

11 Mar 2017

RENTALS.SG Comments: Commercial Office rentals rates are set to slide further in Singapore during 2017. Commercial landlords can go direct to commercial tenants without an agent or commission fees on RENTALS.SG

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Rents went down by 1.5%.

A combination of softer external demand and tightening global financial conditions continues to dampen Singapore's off...

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Rent 'Makes up Small Part of Costs'

05 Mar 2017

RENTALS.SG Comments: An interesting article that appears to fly in the face of recent complaints on the high cost of rent in Singapore. You will recall that Singapore recently featured in the Top 5 global cities for the most expensive residential rentals (article on this website). RENTALS.SG helps landlords reduce the cost of renting their commercial and residential properties by going direct t...

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