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I want to rent out my condo, I am checking with information from the URA website on rentals of non-landed pte properties. I see 3 columns of info for $psf per month which should I use. What are the meaning for 25th percentile, 75th percentile, and median
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3 Answers

Hi Ms Chan..

I reckon you should use the median column.Cause it means the middle point of the transacted rental prices.25th percentile means the lower 25% of the transacted rental and 75th percentile meaning 75% of the higher transacted rental.But the transacted figure shown there are just a guideline,there are a few points that can affect your rental ie furnishing,condition of your unit etc..Maybe you can drop me a line/sms so that i can explain to you further?Thanks..

Rgds;
Lyna from ERA
 9623-8442 
lynasong@hotmail.com
www.lynasong.myweb.sg Read More
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Hi Cecilia,

The 25th percentile, median and 75th percentile prices are useful data which owners and tenants can refer to when they want to rent out or rent properties respectively.

In my opinion, the median price is more useful since we should take the middle point as a basis. If your unit is well renovated, fully furnished, high floor and good facing (pool view / NS facing), then probably can command rental rate in the 75th percentile range.

We should also check the prevailing asking rental rate of similar units so that you will not price your property too low or too high the market rate.

I would appreciate you can call me at 96836230  for further discussion.

Thanks,
Ander ERA Read More
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Hi, hopefully you managed to get your doubt or query answered. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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