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Condo, HDB rents see bump in prices, volume as more VTLs open

In terms of volume, condo rentals were 1.8 per cent higher in November to about 4,696 units, from 4,612 units rented in October. Year on year, rental volumes were 1.7 per cent higher and 9.5 per cent higher than the 5-year average volume for the month of November.

Meanwhile, overall HDB rents in November rose 0.8 per cent on the month and increased by 9.2 per cent on the year, but were down 5.4 per cent from the peak in August 2013.

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