Wednesday, October 31, 2012

Chart of the Day: Median rents reach historical highs

Non-landed rents at S$3.74 psf pm surpassed previous record.

Savills Research reported:

Median rents reached historical highs (since 2000) for both landed ($2.79 psf pm) and non-land homes ($3.67 psf pm) in Q3.

Non-landed rents continued to inch higher in September to S$3.74 psf pm, surpassing last’s month historical high of S$3.67 psf pm.

Landed rents however fell m-o-m in September by 7% to S$2.66 psf pm.

Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C
Senior Sales Director
DTZ Debenham Tie Leung (SEA) Pte Ltd (L3006301G)

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