In Q4 2024, Singapore's rental market showed mixed trends. HDB rents rose by 3.5% as of October, with a projected year-end increase of 4.1%, while condominium rents saw minimal growth (0.1%). Non-landed private residential rents declined by 1.8% quarter-on-quarter, driven by the completion of 10,000 new units, boosting supply and tenant options.

Rental rates are expected to trend slightly downward, with variations based on property location. Core Central Region (CCR) properties may see milder declines compared to the Rest of Central Region (RCR) and Outside Central Region (OCR). A return to pre-pandemic rates remains unlikely.

Condominium Options

Below are some recent listing examples.

1 Bedroom

• Size: 1 bedroom/1 bath
• Rent: $3,300, Fully furnished

2 Bedrooms

• Size: 2 bedrooms/2 baths
• Rent: $4,000, Partially furnished

3 Bedrooms

• Size: 3 bedrooms/2 baths
• Rent: $6,900, Partially furnished

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