Rents For Private Homes Performed Better Than HDB Flats

HDB flats’ rental market softened last month after a brief spurt in March while new leases signed for private apartments increased by double digits in percentage terms from February.

Both markets have been on a slide due to the rising number of completed new homes and little new demand from expatriates.

Point to ponder: Will softening of the rental market affect the market values of properties?