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Residential Leasing Singapore

March 2021

Report

Autoren: Alan Cheong , Jacqueline Wong

Reihe: Savills Market in Minutes

Anbieter: Savills

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  • Erscheinungsdatum : 01.03.2021
  • Seiten : 3 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 233,99 kB
  • Sprache(n) : Englisch

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Inhalt

Leasing volumes fall in Q4 after spike in Q3
  • In the final quarter of 2020, rental transaction volumes fell by 11.7% quarter-on-quarter (QoQ) to 23,823. However, this was still 15.1% higher than the same period in 2019, which may be due to more people returning to Singapore and thus the need to source short to mid-term accommodation.
  • Out of the top five non-landed projects with the most leasing transactions, the top three developments are located in Core Central Region (CCR), with most of these transactions for smaller units (one- and two-bedrooms).
  • Although leasing volumes contracted QoQ, private residential rents remained largely stable, with the URA rental index for all private residential properties inching up slightly by 0.1% QoQ in Q4/2020, reversing two consecutive quarters of decline.

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