Over the past three to six months, Singapore's private residential rental market has experienced a decline, with rents decreasing by 1.9% in Q1 2024, following a 2.1% drop in the previous quarter. This downward trend is largely due to an increased supply of completed private homes, leading to higher vacancy rates, particularly a 10% vacancy in the Core Central Region. As of Q1 2025, the median monthly rent for a three-bedroom condominium unit in District 2 (Chinatown and Tanjong Pagar) was approximately $6,800.
Condominium listings
Below are some recent listing examples.