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Condo and HDB rents, volumes up in February: SRX

Rental rates for private condominium increase 0.1 per cent from January 2020 and are up 3.3% year-on-year, with OCR increasing 2.4 per cent. One Normanton Park, the next latest launch in District 05 apart from Clavon condo since the fully sold out The Clement Canopy in 2016, it will attract keen investor as it is located near tech parks and educational institutes. There will be ready tenants from the surrounding medical campus, tech parks and educational institution.

Source: The Straits Times

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