Rental Market Goes In Opposite Directions For Condos And HDBs

Source: https://www.iproperty.com.sg/news/rental-market-goes-in-opposite-directions-for-condos-and-hdbs/

Rents of HDB flats are falling since 2012 and have only recently plateaued in 2020. HDB owners have started upgrading into the private residential market ever since the divergence of the HDB and private residence market. Penrose is a top contender for investors looking to gain good and stable rents with its close proximity to 2 international schools and nearby offices along MacPherson road.

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