Leasing volumes for private residential properties rose strongly with 26,927 transactions captured in the third quarter of 2020, up 34.4% quarter-on-quarter (QoQ) and almost on par with the 27,025 recorded in Q3/2019.
In terms of rental prices, the most popular units in Q3/2020 were those leased in the range of S$2,000 to S$4,000 monthly, followed by units from S$4,000 to S$6,000 monthly.
According to the URA's latest statistics, rental prices of non-landed private residential properties island-wide slipped 0.6% QoQ in Q3/2020.