phantom_opera
03-03-14, 08:14
According to Savills, as of Q4/2013, there were 18,003 vacant units out of the current 289,370 available private homes across the island.
This translates to a vacancy rate of 6.2%, inching up marginally by 0.1 of a percentage point from the previous quarter.
Here's more from Savills:
The increase was due to the spike from 2.7% to 7.1% in the North-East region, whereas vacancy rates declined in the other regions.
http://l2.yimg.com/bt/api/res/1.2/Zk_ViFcl8PBMgurlL8PWaA--/YXBwaWQ9eW5ld3M7Y2g9NTk5O2NyPTE7Y3c9OTA3O2R4PTA7ZHk9MDtmaT11bGNyb3A7aD0xMjY7cT04NTt3PTE5MA--/http://globalfinance.zenfs.com/images/FIN_SG_AHTTP_SBH_POLLER/vacant_0_original.jpg
This translates to a vacancy rate of 6.2%, inching up marginally by 0.1 of a percentage point from the previous quarter.
Here's more from Savills:
The increase was due to the spike from 2.7% to 7.1% in the North-East region, whereas vacancy rates declined in the other regions.
http://l2.yimg.com/bt/api/res/1.2/Zk_ViFcl8PBMgurlL8PWaA--/YXBwaWQ9eW5ld3M7Y2g9NTk5O2NyPTE7Y3c9OTA3O2R4PTA7ZHk9MDtmaT11bGNyb3A7aD0xMjY7cT04NTt3PTE5MA--/http://globalfinance.zenfs.com/images/FIN_SG_AHTTP_SBH_POLLER/vacant_0_original.jpg