99 Group’s head of research Pow Ying Khuan noted that the monthly increases for CCR and RCR rents in August were the highest over the past year.

Year-on-year, overall Condo rents increase by 27.5%, overall HDB rents increase by 21.6% from August 2021

Resale volumes were 14.5 per cent lower than the 1,327 units resold in July 2022, 38.6 per cent lower than the year before and 8.2 per cent lower than the 5-year average volumes for the month of August.

Year-on-year, overall prices increase by 10.5%, volumes are 38.6% lower than in August 2021

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