Asked by Mr. eric jang
http://insightsej.blogspot.sg/
I would like to know whether rent price of singapore will continuously drop within next 12 months. according to data published by URA, follwings can be found.
1. From Jul 15 to Nov 15, for one rooms, Upper Thomson, Springleaf area showed the biggest drop in rent price by -14% while Bedok, Upper east coast, Eastwood, Kew Drive area demonstrated the largest jump by +12%. In general, 1 room rent dropped by -6% during this period.
2. For 2 rooms, also Upper Thomson, Springleaf and Selatar showed on average -14% drop in rent while Ardmore, Bukit Tima, Holland road, Tanglin are showed +8% jump. In total, -4% drop.
3. For 3 rooms, Anson, Tanjong pagar showed -31% drop while Middle road, Golden mile showed +16% jump. In general -5% drop.
4. For 4 rooms, Serangoon Garden, Hougang, Ponggol showed -19% drop while Loyang, Changi showed +27% jump. In general, -10% drop.
5. For all rooms, as of Nov 15 showed -9% drop in rent price compared to Jul
I would like to know whether rent price of singapore will continuously drop within next 12 months. according to data published by URA, follwings can be found.
1. From Jul 15 to Nov 15, for one rooms, Upper Thomson, Springleaf area showed the biggest drop in rent price by -14% while Bedok, Upper east coast, Eastwood, Kew Drive area demonstrated the largest jump by +12%. In general, 1 room rent dropped by -6% during this period.
2. For 2 rooms, also Upper Thomson, Springleaf and Selatar showed on average -14% drop in rent while Ardmore, Bukit Tima, Holland road, Tanglin are showed +8% jump. In total, -4% drop.
3. For 3 rooms, Anson, Tanjong pagar showed -31% drop while Middle road, Golden mile showed +16% jump. In general -5% drop.
4. For 4 rooms, Serangoon Garden, Hougang, Ponggol showed -19% drop while Loyang, Changi showed +27% jump. In general, -10% drop.
5. For all rooms, as of Nov 15 showed -9% drop in rent price compared to Jul
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