Condo rents fall 0.5% MoM and 4.5% YoY in May

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pstrongAll sub-markets posted decreases./strong/p pCondo rents dropped by a href="https://sbr.com.sg/residential-property/news/condo-rents-fall-04-mom-and-46-yoy-in-april"0.5% MoM/a and 4.5% YoY in May, data from 99.co and SRX showed./p pRents also fell across sub-markets, led by the Rest of Central Region (RCR) which saw a 1.

Rents also fell across sub-markets, led by the Rest of Central Region which saw a 1.1% MoM and 4.9% YoY drop.Rental volumes also decreased in May, falling 12.2% MoM and 0.4% YoY to 5,155 units. Of the total volume, 35.5% was from the OCR, 33.5% from RCR, and 30.9% from CCR....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

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Suntec REIT’s DPU drops 13.0% YoY in Q1 2024 to $0.226pstrongThe REIT recorded a lower DPU and a higher revenue for Q1 2O24./strong/p pSuntec REIT’s distribution per unit (a href="https://sbr.com.sg/commercial-property/news/dpu-elite-commercial-reit-drops-289-yoy-ps00342-in-fy23"DPU/a) declined 13% in Q1 2024 to $0.226 amidst high financing costs and vacancies in some assets.
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