Median subletting rents by town and flat type
What it is
Median prices are provided for rental rates by town and flat type registered in that quarter.
What the median price tells you is that half of the units were rented above that price and half below.
Why it is important
These figures give a more accurate picture of subletting rates for HDB flats, by town and flat type.
They discount rare cases of flats that fetch high rents due to special attributes.
The data is based on rents that landlords themselves have declared when filling out HDB subletting application forms. Still, HDB believes it serves as a useful reference for prospective tenants.
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Number of subletting approvals by flat type
What it is
It shows the number of approved flats available for rent by flat type.
Why it is important
This is the first time HDB has released such data. It paints a detailed picture of how many rental HDB flats are available for potential tenants.
HDB data shows a 50 per cent increase in the number of subletting approvals, from 2,400 cases in the first quarter to 3,600 in the second quarter.
HDB also says there are currently about 14,600 HDB flat owners who have been given approval to sublet their flats on the open market.
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