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(1 Jan - 31 Jan 2010)
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2009 PRIVATE HOME RENT REVIEW

[Compiled and analysed by Sam Gian – The independent real estate sales consultant – of Worldview Development Consultant Pte Ltd]

A total of 111 locations were selected from the URA REALIS records for analysis to determine the rental price movements in the various different ‘hot spots’ in Singapore. The median rents collected at these locations in the January/February 2009 period were compared with the median rents of November 2009.

The findings are as follows:

Median rents at 51 locations ROSE moderately when compared between early 2009 and November 2009. The following areas enjoyed significant rent increase over the 11-month period.
  1. In District 9 Mount Emily area, the median rent rose 68 cents or 15.8% to $4.98 per-sq-foot (psf) per month over the 11-month period. [Item 7 at Table 1]

  2. In District 11 Shelford Road area, the median rent rose 64 cents or 23.3% to $3.39 psf/pm over the 11-month period. [Item 11 at Table 1]

  3. In District 15 Amber Gardens area, the median rent rose by 86 cents or 47.3% from $1.82 to $2.68 psf/pm over the 11-month period. [Item 21 at Table 1]

  4. In District 20 Thomson Road area, the median rent rose by 69 cents or 29.6% from $2.33 to $3.02 psf/pm over the 11-month period. [Item 40 at Table 1]
Median rents at 57 locations FELL when compared between early 2009 and November 2009. Rent falls were uneven in different location.
  1. In District 2, the November median rent for Icon fell 7.8% or 49 cents from $6.32 psf/pm in January 2009 to $5.83 psf/pm in November 2009.
  2. In District 10, the fall is heavier with the monthly median rent of Draycott Park falling 35.8% or $2.43 psf/pm. The November median rent there is $4.36 psf per month, while it was $6.79 psf per month in January 2009.
  3. In District 11 Trevose Crescent, the monthly median lost 32.9% or $1.50 psf per month in absolute term from $4.56 psf/pm in January 2009 to $3.06 psf/pm in November.
  • In other outlaying areas rents fall moderately within the 6% to 12% range, for example, in Rhu Cross the November median rent lost 5.9% or 16 cents psf/pm; while in Sembawang Road, the November median rent lost 11.8% or 25 cents.
Median rents at 3 locations remained unchanged throughout the 11-month period.

Table [1] – 51 out of the 111 selected locations saw median rent RISING moderately

Item

District
District / location

Project Name

Contract Date in 2009

25th Percentile

Median

75th
Percentile

1

[01]
MARINA BOULEVARD

THE SAIL @
MARINA BAY

NOV

4.51

4.95

5.38

FEB

3.84

4.27

4.99

 

 

 

 

 

 

 

2

[03]
JLN MEMBINA

CENTRAL GREEN

NOV

3.32

3.38

3.5

JAN

2.86

3.17

3.56

 

 

 

 

 

 

 

3

[03]
ALEXANDRA RD

THE ANCHORAGE/
ALESSANDREA

NOV

2.5

2.89

3.06

JAN

2.63

2.83

3.17

 

 

 

 

 

 

 

4

[04]
KEPPEL BAY DR

CARIBBEAN @
KEPPEL BAY

NOV

5.19

5.96

6.33

JAN

5.23

5.79

6.57

 

 

 

 

 

 

 

5

[08]
JELLICOE RD

CITYLIGHTS

NOV

4.28

4.5

4.88

JAN

4.01

4.32

4.78

 

 

 

 

 

 

 

6

[09]
LEONIE HILL RD

LEONIE HILL
RESIDENCES

NOV

2.57

2.62

2.82

JAN

2.27

2.59

2.84

 

 

 

 

 

 

 

7

[09]
MT EMILY RD

PARC EMILY

NOV

4.95

4.98

5.31

JAN

4.09

4.3

4.5

 

 

 

 

 

 

 

8

[09]
ROBERTSON QUAY

ROBERTSON 100

NOV

4

4.75

4.87

JAN

3.48

4.16

4.63

 

 

 

 

 

 

 

9

[10]
ANDERSON RD

ANDERSON GREEN /
AVALON

NOV

3.75

3.93

4.23

JAN

3.36

3.6

3.98

 

 

 

 

 

 

 

10

[10]
ORCHARD BLVD

WESTWOOD APT

NOV

2.13

2.42

2.86

JAN

2

2.24

2.68

 

 

 

 

 

 

 

11

[11]
SHELFORD RD

28 SHELFORD /
SHELFORD CT

NOV

2.92

3.39

3.62

JAN

2.19

2.75

3.22

 

 

 

 

 

 

 

12

[11]
DUNEARN RD

DUNEARN GDN /
DUNEARN LODGE

NOV

2.97

3.46

3.53

JAN

2.56

3.04

3.57

 

 

 

 

 

 

 

13

[11]
EVELYN RD

EVELYN MANSIONS / 
SETIA RESIDENCES

NOV

4.61

4.8

4.96

JAN

3.76

4.53

5.39
             

14

[11]
EVELYN RD

RESIDENCES@ EVELYN

NOV

4.61

4.8

4.96

JAN

3.76

4.53

5.39

 

 

 

 

 

 

 

15

[11]
ARCADIA RD

THE ARCADIA

NOV

2.16

2.88

2.99

JAN

2.36

2.85

3.45

 

 

 

 

 

 

 

16

[12]
AVA RD

AVA TOWERS

NOV

2.33

2.33

2.33

JAN

2.19

2.19

2.19

 

 

 

 

 

 

 

17

[12]
JLN TAMAN

THE ABERDEEN

NOV

2.03

2.11

2.31

JAN

1.8

1.8

1.8

 

 

 

 

 

 

 

18

[14]
GEYLANG EAST AVE 2

SIMSVILLE

NOV

2.28

2.49

2.58

JAN

2.32

2.42

2.58

 

 

 

 

 

 

 

19

[15]
MEYER RD

THE ATRIA /
THE MAKENA /
HAWAII TOWER

NOV

2.23

2.47

2.86

JAN

2.19

2.36

2.71

 

 

 

 

 

 

 

20

[15]
MEYER RD

LE MEYER /
THE SOVEREIGN

NOV

2.23

2.47

2.86

JAN

2.19

2.36

2.71

 

 

 

 

 

 

 

21

[15]
AMBER GARDENS

AMBER PK /
THE ESTA /
VERTIS

NOV

2.32

2.68

3.04

JAN

1.69

1.82

2.24

 

 

 

 

 

 

 

22

[16]
BEDOK SOUTH AVE 1

CASAFINA

NOV

2.22

2.28

2.54

JAN

2.08

2.25

2.31

 

 

 

 

 

 

 

23

[16]
TANAH MERAH
KECHIL RD

EAST MEADOWS /
TANAH MERAH
MANSIONS

NOV

2.43

2.64

2.72

JAN

2.05

2.56

3.02

 

 

 

 

 

 

 

24

[16]
TANAH MERAH
KECHIL RD

THE TANAH MERAH

NOV

2.43

2.64

2.72

JAN

2.05

2.56

3.02

 

 

 

 

 

 

 

25

[16]
UPP CHANGI RD EAST

CHANGI CT /
CHANGI GREEN

NOV

1.89

2.11

2.21

JAN

1.99

2.06

2.31

26

[16]
UPP CHANGI RD EAST

SUMMER GDN /
THE SUMMIT

NOV

1.89

2.11

2.21

JAN

1.99

2.06

2.31

 

 

 

 

 

 

 

27

[16]
BAYSHORE RD

BAYSHORE PK /
COSTA DEL SOL /
THE BAYSHORE

NOV

2.52

2.68

2.79

JAN

2.44

2.67

2.93

 

 

 

 

 

 

 

28

[17]
LOYANG AVE

LOYANG VALLEY

NOV

1.42

1.55

1.68

JAN

1.4

1.41

1.83

 

 

 

 

 

 

 

29

[17]
MARIAM WAY

BALLOTA PK

NOV

1.73

1.93

2.14

JAN

1.52

1.56

1.67

 

 

 

 

 

 

 

30

[18]
SIMEI RISE

CHANGI RISE /
SAVANNAH

NOV

2.39

2.5

2.57

JAN

2.34

2.42

2.52

 

 

 

 

 

 

 

31

[18]
SIMEI ST 3

EASTPOINT GREEN

NOV

2.3

2.38

2.46

JAN

2.21

2.3

2.48

 

 

 

 

 

 

 

33

[19]
LORONG CHUAN

CHUAN PK

NOV

1.87

2.05

2.16

JAN

1.89

1.97

2.52

 

 

 

 

 

 

 

34

[19]
SENGKANG SQUARE

COMPASS HGHTS

NOV

2.38

2.57

2.77

JAN

2.22

2.3

2.47

 

 

 

 

 

 

 

35

[19]
KOVAN RD

KOVAN MELODY /
KOVAN LODGE

NOV

2.65

2.99

3.1

JAN

2.18

2.65

3.3

 

 

 

 

 

 

 

36

[19]
KOVAN RD

KOVAN PRIMERA /
KOVAN RESIDENCES

NOV

2.65

2.99

3.1

JAN

2.18

2.65

3.3

 

 

 

 

 

 

 

37

[19]
HOUGANG ST 92

REGENTVILLE

NOV

2.21

2.25

2.28

JAN

2.03

2.13

2.28

 

 

 

 

 

 

 

38

[19]
UPP SERANGOON VIEW

RIO VISTA

NOV

2.18

2.22

2.22

JAN

1.98

2.03

2.09

 

 

 

 

 

 

 

39

[20]
ANG MO KIO CTR 3

GRANDEUR 8

NOV

2.67

2.7

2.75

JAN

2.47

2.67

2.81

 

 

 

 

 

 

 

40

[20]
BRIGHT HILL DR

THOMSON VIEW

NOV

3.02

3.02

3.02

JAN

2.21

2.33

2.6

 

 

 

 

 

 

 

41

[21]
SUNSET WAY

CLEMENTI PARK

NOV

2.1

2.17

2.38

JAN

1.89

2.03

2.63

 

 

 

 

 

 

 

42

[21]
TOH TUCK RD

GOODLUCK GDN / GOODLUCK  VIEW

NOV

1.92

2.04

2.2

JAN

1.87

2

2.21

 

 

 

 

 

 

 

43

[21]
TOH TUCK RD

SIGNATURE PARK

NOV

1.92

2.04

2.2

JAN

1.87

2

2.21

 

 

 

 

 

 

 

44

[21]
PINE GROVE

ASTOR GREEN /
CAVENDISH PK

NOV

2.44

2.55

2.6

JAN

2.1

2.44

2.62

 

 

 

 

 

 

 

45

[21]
PINE GROVE

PINE GROVE

NOV

2.44

2.55

2.6

JAN

2.1

2.44

2.62

 

 

 

 

 

 

 

46

[21]
PANDAN VALLEY

PANDAN VALLEY

NOV

1.98

2.25

2.26

JAN

1.88

2.15

2.45

 

 

 

 

 

 

 

47

[22]
JURONG EAST AVE 1

PARC OASIS

NOV

2.4

2.44

2.48

JAN

2.28

2.42

2.59

 

 

 

 

 

 

 

48

[23]
HONG SAN WALK

PALM GDN

NOV

2.03

2.08

2.14

JAN

1.77

1.9

1.99

 

 

 

 

 

 

 

49

[23]
BT BATOK EAST AVE 5

REGENT HGHTS

NOV

2.16

2.19

2.22

JAN

2.07

2.14

2.17

 

 

 

 

 

 

 

50

[23]
BT BATOK CTR LINK

THE JADE

NOV

3.33

3.51

3.69

JAN

3.08

3.1

3.18

 

 

 

 

 

 

 

51

[26]
LENTOR LOOP

BULLION PK

NOV

2.37

2.52

2.66

JAN

1.99

2.21

2.68

Source of data: URA website

Table [2] – 57 out of the 111 selected locations saw median rent FALLING over the 11-month period

 

District
District / location

Project Name

Contract Date in 2009

25th Percentile

Median

75th Percentile

1

[02]
GOPENG ST

ICON

NOV

5.46

5.83

6.13

JAN

6.01

6.32

7.63

 

 

 

 

 

 

 

2

[03]
INDUS RD

EMERALD PK

NOV

2.32

2.97

3.06

JAN

3.21

3.32

3.77

 

 

 

 

 

 

 

3

[03]
STIRLING RD

QUEENS

NOV

3.57

3.68

3.81

JAN

3.72

3.91

4.21

 

 

 

 

 

 

 

4

[04]
OCEAN DR

THE AZURE /
THE BERTH

NOV

3.32

3.44

3.86

JAN

4.6

5.12

5.69

 

 

 

 

 

 

 

5

[05]
WEST COAST CRESC

BLUE HORIZON

NOV

2.3

2.88

3.44

JAN

2.46

2.93

3.6

 

 

 

 

 

 

 

6

[05]
DOVER RISE

DOVER PARKVIEW

NOV

3.1

3.3

3.52

JAN

3.1

3.32

3.61

 

 

 

 

 

 

 

7

[08]
STURDEE RD

KERRISDALE

NOV

2.82

2.92

3.05

JAN

2.97

2.98

3.05

 

 

 

 

 

 

 

8

[08]
OXFORD RD

KENTISH CT /
GREEN /
LODGE

NOV

2.27

2.36

2.53

JAN

2.44

2.84

3.1

 

 

 

 

 

 

 

9

[09]
RIVER VALLEY RD

ASPEN HGHTS /
VALLEY PK /
YONG AN PK

NOV

2.94

3.32

3.62

JAN

2.94

3.51

3.86

 

 

 

 

 

 

 

10

[09]
SCOTTS RD

SCOTTS 28

NOV

4.11

4.39

4.61

JAN

4.69

4.74

4.78

 

 

 

 

 

 

 

11

[09]
CLAYMORE RD

THE CLAYMORE

NOV

3.82

4.34

4.77

JAN

4.53

4.69

5.07

 

 

 

 

 

 

 

12

[09]
JLN RUMBIA

THE IMPERIAL

NOV

5.26

5.37

5.66

JAN

5.6

5.75

6.14

 

 

 

 

 

 

 

13

[10]
DRAYCOTT DR

7 DRAYCOTT DR

NOV

2.72

2.96

3.46

JAN

3.83

4.42

4.97

 

 

 

 

 

 

 

14

[10]
DRAYCOTT PK

DRAYCOTT 8

NOV

3.91

4.36

5.39

JAN

4.4

6.79

7.45

 

 

 

 

 

 

 

15

[10]
ARDMORE PK

ARDMORE PK

NOV

4.11

5.24

6.15

JAN

5.38

5.6

5.96

 

 

 

 

 

 

 

16

[10]
CORONATION RD WEST

ASTRID MEADOWS

NOV

3.58

3.58

3.58

JAN

3.53

4.26

4.64

17

[10]
FARRER RD

The WILSHIRE /
GALLOP GABLES

NOV

2.04

2.14

2.54

JAN

2.79

3.27

3.67

 

 

 

 

 

 

 

18

[10]
LEEDON HGHTS

LEEDON HGHTS

NOV

1.9

1.9

1.9

JAN

1.95

1.96

1.98

 

 

 

 

 

 

 

19

[10]
NASSIM RD

NASSIM PK /
NASSIM REGENCY

NOV

5.1

5.31

5.53

JAN

4.51

6.24

6.74

 

 

 

 

 

 

 

20

[10]
EWE BOON RD

PALM SPRING /
EWE BOON REGENT

NOV

2.39

2.82

2.96

JAN

2.81

3.17

3.32

 

 

 

 

 

 

 

21

[10]
RIDLEY PK

TANGLIN PK

NOV

3.56

3.73

3.99

JAN

3.95

4.21

4.59

 

 

 

 

 

 

 

22

[10]
WILBY RD

THE TESSARINA

NOV

4.74

5.43

5.66

JAN

4.37

5.79

6

 

 

 

 

 

 

 

23

[10]
CHERRY AVE

VILLA AZURA

NOV

2.55

2.55

2.55

JAN

3.2

3.28

3.36

 

 

 

 

 

 

 

24

[11]
NEWTON RD

AMARYLLIS VILLE /
ELMIRA HGHT /
NEWTON 18

NOV

3.37

4

5.18

JAN

4.12

5.24

6.94

 

 

 

 

 

 

 

25

[11]
SWISS VIEW

LA SUISSE I / II

NOV

2.09

2.21

2.34

JAN

2.37

2.37

2.37

 

 

 

 

 

 

 

26

[11]
LINCOLN RD

PK INFINIA @
WEE NAM
/ ROSEVALE

NOV

3.99

4.1

4.33

JAN

4.08

4.6

4.81

 

 

 

 

 

 

 

27

[11]
TREVOSE CRESCENT

THE TREVOSE

NOV

2.81

3.06

3.31

JAN

3.42

4.56

4.98

 

 

 

 

 

 

 

28

[11]
ESSEX RD

STRATA

NOV

1.95

2.18

3.82

JAN

5.11

5.38

6.18

 

 

 

 

 

 

 

29

[12]
KIM KEAT LANE

CALARASI

NOV

2.41

2.41

2.41

JAN

2.82

2.82

2.82

 

 

 

 

 

 

 

30

[12]
MOONSTONE LANE

MOONSTONE
RESIDENCES /
VIEW

NOV

2.37

2.57

2.62

JAN

2.69

3.19

3.5

 

 

 

 

 

 

 

31

[12]
LO 1 TOA PAYOH

OLEANDER
TOWERS /
TRELLIS
TOWERS

NOV

2.77

2.83

2.95

JAN

2.68

3.07

3.22

 

 

 

 

 

 

 

33

[13]
YOUNGBERG TERRACE

AVON PK

AUG

1.77

1.77

1.77

JAN

2.07

2.14

2.21

 

 

 

 

 

 

 

34

[13]
LEICESTER RD

ONE LEICESTER

NOV

2.27

2.27

2.27

JAN

2.82

2.83

2.85

 

 

 

 

 

 

 

35

[14]
LOR MYDIN

ASTORIA PK

NOV

2.56

2.73

2.9

JAN

2.52

2.84

2.93

 

 

 

 

 

 

 

36

[14]
GEYLANG EAST AVE 1

CENTRAL GROVE

NOV

2.36

2.36

2.62

FEB

2.73

2.85

3.03

37

[14]
JLN KEMBANGAN

THE TRUMPS

NOV

2.67

2.67

2.67

JAN

3.59

3.82

3.83

 

 

 

 

 

 

 

38

[15]
RHU CROSS

COSTA RHU

NOV

2.46

2.55

2.84

JAN

2.53

2.71

3.05

 

 

 

 

 

 

 

39

[15]
FERNWOOD
TERRACE

FERNWOOD
TERRACE /
TOWERS

NOV

1.64

1.65

1.65

JAN

2.68

2.68

2.68

 

 

 

 

 

 

 

40

[15]
SIGLAP RD

MANDARIN GDN

NOV

2.05

2.38

3.04

JAN

2.33

2.63

3.04

 

 

 

 

 

 

 

41

[15]
TANJONG RHU RD

PARKSHORE /
PEBBLE BAY /
SANTUARY GREEN

NOV

2.48

2.76

3.27

JAN

2.43

2.93

3.42

 

 

 

 

 

 

 

42

[15]
TANJONG RHU RD

WATER PlACE/ THE WATERSIDE

NOV

2.48

2.76

3.27

JAN

2.43

2.93

3.42

 

 

 

 

 

 

 

43

[15]
JLN SEMPADAN

VILLA MARINA

NOV

2.28

2.34

2.61

JAN

2.29

2.57

2.79

 

 

 

 

 

 

 

44

[16]
BEDOK RESERVOIR
VIEW

AQUARIS BY THE PARK / BAYWATER

NOV

2.23

2.29

2.45

JAN

2.1

2.32

2.63

 

 

 

 

 

 

 

45

[17]
FLORA DR

CARISSA PK / FERRARIA PK

NOV

1.94

1.95

2.11

JAN

1.9

2.12

2.27

 

 

 

 

 

 

 

46

[17]
FLORA RD

AVILA GDN /
AZALEA PK /
ESTELLA GDN

NOV

1.82

2.1

2.45

JAN

1.97

2.23

2.52

 

 

 

 

 

 

 

47

[18]
SIMEI ST 4

MODENA /
SIMEI GREEN /
TROPICAL SPRING

NOV

2.35

2.4

2.43

JAN

2.27

2.52

2.8

48

[18]
SIMEI ST 1

MELVILLE PK

NOV

2.07

2.14

2.39

JAN

2.04

2.23

2.34

 

 

 

 

 

 

 

49

[19]
SERANGOON AVE 2

SUNGLADE

NOV

2.58

2.67

2.82

FEB

2.37

2.86

2.91

 

 

 

 

 

 

 

50

[23]
DAIRY FARM RD

DAIRY FARM ESTATE

NOV

1.71

1.83

1.88

JAN

1.93

1.96

2.01

 

 

 

 

 

 

 

51

[23]
BT BATOK ST 52

GUILIN VIEW

NOV

2.12

2.37

2.61

JAN

2.04

2.39

2.79

 

 

 

 

 

 

 

52

[23]
PETIR RD

MAYSPRINGS

NOV

1.99

2.1

2.42

JAN

1.93

2.13

2.26

 

 

 

 

 

 

 

53

[25]
ROSEWOOD DR

ROSEWOOD /
CASABLANCA

NOV

2.26

2.37

2.6

JAN

2.23

2.4

2.73

 

 

 

 

 

 

 

54

[26]
YIO CHU KANG RD

SEASONS PK /
THE CALROSE

NOV

2.01

2.2

2.31

JAN

2.15

2.28

2.42

 

 

 

 

 

 

 

55

[27]
YISHUN ST 81

ORCHID PK

NOV

1.98

2.04

2.12

JAN

2.07

2.18

2.21

 

 

 

 

 

 

 

56

[27]
SEMBAWANG RD

SELETARIS

NOV

1.88

1.88

1.88

JAN

2.02

2.13

2.27

 

 

 

 

 

 

 

57

[28]
GERALD DR

SELETAR SPRINGS

NOV

1.92

1.92

1.92

JAN

2.2

2.25

2.3

 

 

 

 

 

 

 

Source of data: URA website

Table [3] – Median rent at 3 out of the 111 selected locations remain unchanged over the 11-month period

 

District
District / location

Project Name

Contract Date in 2009

25th Percentile

Median

75th
Percentile

1

[19]
SERANGOON AVE 3

CHILTERN PK / SPRINGBLOOM /
THE SUNNYDALE

NOV

2.23

2.24

2.62

JAN

2.07

2.24

2.79

 

 

 

 

 

 

 

2

[23]
CHOA CHU KANG LOOP

THE WARREN

NOV

2.04

2.18

2.5

JAN

1.94

2.18

2.46

 

 

 

 

 

 

 

3

[27]
CANBERRA DR

YISHUN EMERALD /
SAPPHIRE

NOV

1.11

1.12

1.12

JAN

1.05

1.12

1.21

Source of data: URA website

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