Source : The Business Times, March 31, 2009
The average monthly rental value for luxurious non-landed homes in Singapore's prime districts 9, 10 and 11 slid 18.8 per cent quarter on quarter to $5.20 (US$3.42) per square foot (psf) in Q1 2009, a level last seen in Q3 2006, according to property consulting group DTZ.
Meanwhile, the average rental value of non-landed homes in the prime districts fell 16.2 per cent quarter-on-quarter to $3.65 psf per month in Q1 2009.
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