HDB rents seen improving after May’s weak showing

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pemHDB rents slid 0.3% MoM in May./em/p pThe Housing and Development Board (HDB) rental market is expected to benefit from favourable tailwinds in the coming months, according to property analysts./p pHuttons CEO Mark Yip said HDB rents will likely start to recover in the coming months as economic conditions improve.

The Housing and Development Board rental market is expected to benefit from favourable tailwinds in the coming months, according to property analysts.

The upcoming June holidays may have also tempered leasing activity in the HDB market according to Christine Sun, OrangeTee Group’s chief researcher and strategist.

 

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