Housing demand hit by cooler jobs market

📆 21/3/2024 9:23 am
📰 SBRMagazine

⏱ Reading Time:
17 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

pstrongHDB and condo rental volumes dipped 19.1% MoM and 21.0% MoM, respectively, in February./strong/p pWeak hiring sentiments have led to a decrease in demand for homes./p pIn February, rental volumes of both HDB flats and private condominiums fell double digits by 19.1% MoM and 21.0% MoM, respectively.

HDB and condo rental volumes dipped 19.1% MoM and 21.0% MoM, respectively, in February.In February, rental volumes of both HDB flats and private condominiums fell double digits by 19.1% MoM and 21.0% MoM, respectively.

Huttons noted that rental volumes for HDB flats in February 2024 dropped to their lowest level in a year to 2,448. OrangeTee echoed this: “With the recent relaxation of the occupancy cap for larger HDB flats, which now allows up to eight unrelated persons to live in a single unit, we expect demand for big flats to remain robust.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Condo leasing market continues decline in February while HDB rents hit new all-time highCondo rents fell 1% from January, while HDB rents rose 1%.
Source: straits_times - 🏆 5. / 69 Read more »