Rental demand surge likely due to anti-virus measures: The Straits Times

March’s rental volume had increased by 10.9% and 15.4% across both the private and public housing market comparing with previous month, though still 5.9% and 11.3% lower comparing with the same period last year. Though volume was lower for same period last year, rents were up 3.2% and 1.5% for private and public residential respectively. However, comparing to the peak in 2013, private and HDB rents were still down 15% and 13.7% respectively.

Source: https://www.straitstimes.com/business/property/rental-demand-surge-likely-due-to-anti-virus-measures

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