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Rise of rent slowing in Singapore

Posted on 09 November 2010

From Property-report.com: Rental prices for non-landed properties in Singapore rose at a slower pace in the third quarter than the two previous ones, according to data from the Singapore Urban Redevelopment Authority reported on by Today Online.
Rental prices rose just 3.6 per cent in the third quarter of 2010, compared to 6 per cent in Q2 and 4.8 per cent in Q1. Analysts said the slowdown mean that the market has reached a sustainable level and that rental prices are growing together with capital values of property, which have also seen slower rates of growth……………………………………….Full Article: Source


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