Decrease of 0.2 % detected in Singapore’s private condominium and apartment rentals. At the same time, HDB rents fell by 0.8 % as well in June from May and volumes keep on dropping, too.
Units in Frasers Centrepoint Trust (FCT) have already surged more than 26% so far this year. But market watchers remain bullish on the retail REIT as it stands on the cusp of a re-rating.