l. Photos showing the interior and exterior of the catering vehicle From property-level data to trend reports and future-looking forecasts, these products provide granular insights behind the industry’s biggest trends. The median rent indicates that half the total number of units were rented above that price while half were below. This e-Service comprises statistics on median rental contracts for non-landed private residential developments. Moreover, the increasing traffic congestion in urban areas coupled with crowded public transport facilities is boosting the car sharing marke… The inspection frequency of the food shop premises covered in the contract shall be at least once a month to detect any sign of pest infestation. Tenancy agreement# The market rent areas were updated in November 2020. i. Pest control contract covering the control of rodents, cockroaches and flies during the year-long licensing period. There is so much in place for you to bond with your neighbours and create an active and cohesive community. f. Cleaning program Supplementary Information form to capture business name, type of food sold, business operating hours, etc. From the above table, we can see the types of HDB and area that are less popular amongst the Singapore rental market. Download from the SingStat Table Builder … Approval from the land agency e.g. In general, NEA will issue a foodshop licence when the following conditions are met with: Income is assessed on a preceding year basis. The Singapore Department of Statistics undertakes the Household Expenditure Survey (HES) once in 5 years to collect detailed information from resident households in Singapore. The global car rental market size was valued at $92.92 billion in 2019 and is projected to reach $214.04 billion by 2027, registering a CAGR of 10.7% from 2020 to 2027. Quarterly COE quota announcements are made; in this event, we will update our latest vehicle statistics … The median rent of these cases are not shown as they may not be representative. Car Sharing Marketsize exceeded USD 2.5 billion in 2019 and is poised to grow at a CAGR of over 24% between 2020 and 2026. The figures are based on rent declared in the renting out of flat applications and rounded off to the nearest $10 d. Basic food hygiene certificate/Refresher food hygiene certificate of foodhandlers sold and rented out), by Financial Year. Rentals are shown only for non-landed private residential developments with at least 100 units and with at least 10 contracts signed in the quarter. With effect from FY 2014, there are no HUDC flats under HDB's management. Pros of renting a HDB: Renting a HDB is probably the best way to enjoy the culture of Singapore to the fullest. To provide the rental tender and bidding results to the public. The figures are based on rent declared in the application forms and rounded off to the nearest $10, (-) Indicates that there are no rental transactions in the quarter, * Indicates that the median rent is not shown because there are less than 20 rental transactions in the quarter for that particular town and flat type. You can use the median rent as a guide before entering a tenancy agreement. Average Rents Inch Upward The statistics below provide the median rent of flats in various locations with rental approvals. Overall market occupancy rose marginally by 0.2 ppt q-o-q and 0.3 ppt y-o-y. Custom Short-Term Rental Data for Next-Level Market Analysis For those looking to dig deeper into vacation rental data, AirDNA offers a suite of custom data products tailored to your needs. Topics covered include household consumption expenditure, households' income, socio-economic characteristics and ownership of selected consumer durables. Applicant should ensure the relevant planning permission is obtained, prior to signing any tenancy agreement and investing in renovations/equipment for the premises. Data on Singapore resident population in HDB flats are estimated figures and include residents living in sold and rental flats. More than homes, our HDB towns are vibrant places to enjoy to the fullest. Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in Singapore with research from Euromonitor's team of in-country analysts. In 2018, there was a total of about 66.5 thousand rental cars available in Singapore. k. Food Safety Management Plan (with critical control points identified) or proof of registration for the “WSQ Apply FSMS for Food Service Establishments” course. Compared to its … "-" Indicates that the median rent is not shown because there are less than 20 renting out of flat transactions in the quarter for that particular town and flat type. You are advised not to sign any tenancy agreement, until the land agency concerned has approved the relevant use for the premises, and you are reasonably confident you can meet with the COPEH requirements by also verifying with the owner/landlord on the necessary renovations like installation of exhaust system, pipings for sinks etc. Dwelling: Refers to the remaining office space in Singapore which are not included in “Category 1”. Singapore is ranked among the top in the list of the world’s most expensive cities. Category 1 : Any category that has fewer than five bonds lodged has been excluded, to prevent individual properties from being identified. The Singapore Department of Statistics undertakes the Household Expenditure Survey (HES) once in 5 years to collect detailed information from resident households in Singapore. Company - Information Business Profile from Accounting & Corporate Regulatory Authority (ACRA) These are average asking price. Each licence application is assessed on its own merits. The rental market in Singapore is almost entirely supported by expatriates living in Singapore. 9. Please notes that the submission of a tenancy agreement is not required during the initial stage of application for a licence. The period of income relevant to the YA is the year preceding the YA. Download and access our housing, apartment and office market reports ... To help stakeholders make sense of this challenging time, we delve into the Beijing office market’s demand structure, rental patterns, and key perspectives. (For Food Caterers only). Most HDB estates have coffee shops or hawker centres which mean access to affordable food. This statistic shows the total rental car population in Singapore from 2011 to 2018. Key Stats since 1960. The default market rent area displayed is based on your IP address. g. Layout plan of premises (in scaled metric units) The tenancy agreement will only be required at the final stage, before NEA approves and issues the licence. Whether you are buying, selling, or already living in an HDB flat, everything you need to know about residential properties is housed here. Reports special. Total number of flats rented out by Financial Year Condominium and private apartment rents remained unchanged in February from January. Global Car Rental Market : World Market Analysis By Customer, Application, Type, By Region, By Country: Forecast to 2024 - By Region, By Country August 2019 $ 2400 Global Car Rental Business Industry September 2020 $ 5600 Car Rental Market October 2019 $ 4500 Individual - Both sides of NRIC Having endured a lacklustre market for four years, there is finally good news for property experts and real estate developers to get excited about. All figures are as at 31 March of the following year for each Year of Assessment (i.e. c. Details of applicant - one of the following (where applicable): The basis period for any YA is the financial year ending in the year preceding the YA. There are several magnificent excessive-rise buildings in this stunning nation; certainly one of them is The Venue Residence located conveniently at the center of the bustling Upper Serangoon. Monthly vehicle statistics are updated by the 12th calendar day of each month. The data is based on rent self-declared in the renting out of flat application. trade income, rents, interest, royalties), approved donations, tax set-offs (e.g. Transact with us at your convenience. non-HDB shophouses, etc. Email us at support@rentinsingapore.com. You can use the median rent as a guide before entering a tenancy agreement. Data can also be found in HDB's Annual Reports under Key Statistics: http://www.hdb.gov.sg/cs/infoweb/about-us/news-and-publications/annual-reports. All figures are as at 31 Mar of each financial year. NOTES: Construction Equipment Rental Market size exceeded USD 120 billion in 2019 and is estimated to grow at a CAGR of over 4.5% between 2020 and 2026.Increasing government spending on smart city projects across Asia Pacific and Europe will create huge market opportunities for construction equipment rental services. Please study the requirements appended. iii. All figures are as at 31 March two years from each Year of Assessment (i.e. The Map of Central Region showing Orchard, Rest of City Area and Outside City Area B. HDB Rental Market. In the HDB rental market, rents fell 0.1 per cent in February. URA and HDB (referred to as planning permission from land agencies) Topics covered include household consumption expenditure, households' income, socio-economic characteristics and ownership of selected consumer durables. Find Singapore's latest commercial real estate research reports, trends and insights. Median Rentals and Vacancy of Office Space by Category, Quarterly Urban Redevelopment Authority / 07 Aug 2020 Category 1 : Refers to office space in buildings located in core business areas in Downtown Core and Orchard Planning Area which are relatively modern or recently refurbished, command relatively high rentals and have large floor plate size and gross floor area. group relief, partial tax exemption) and net tax assessed of taxable and non-taxable companies for Year of Assessment (YA)2003 to YA2018. Take note of the following when referring to the tables: The statistics below show the number of renting out of flat applications we have approved. The Singapore Department of Statistics undertakes the Household Expenditure Survey (HES) once in 5 years to collect detailed information from resident households in Singapore. Alternatively, you may also use our Market Rental Rates service or the HDB Map Services to find out how much whole flats were rented out for in the past year by town and street. This system provides comprehensive and up to date information on the property market in Singapore. Demand for new homes perked up last year, with sales rising by 7 per cent to 7,972 units from the 7,440 units in 2015. It is not cheap to rent an apartment or house in Singapore. The Housing & Development Board (HDB) is Singapore's public housing authority and a statutory board under the Ministry of National Development. Data includes sold flats and public rental flats. When adjusted for inflation, house prices rose by 1.86% y-o-y last year. Market research on consumer products, commercial industries, demographics trends and consumer lifestyles in Singapore. HDB Dwellings- Total- Total HDB includes non-privatised Housing and Urban Development Corporation (HUDC) flats. Rental erosion has eased off and the retail market is showing signs of stabilisation after a prolonged period of rental correction since Q1 2015. They will be verified through a pre-licensing check of the premises upon the completion of renovations and installation of equipment. Year on year, rents for non-landed private properties increased by 1.5 per cent from March 2018. Number of HDB properties/facilities allocated (i.e. Total income amount by income type (e.g. Edgeprop.sg (previously known as The Edge Property Singapore) – is the best property portal for home-seekers, buyers, investors and real estate agents alike in Singapore. Median Rent by Town, Flat Type Per Quarter. The rental property market is less than half of the $36+ Trillion US Real estate market, yet for small property investors, it’s a fertile paradise. Industry Trends. Total (All dwellings)- Total includes other types of dwellings not shown, e.g. Revenue in the Car Rentals segment is projected to reach US$93m in 2020. Here is a self-checklist for easy reference on the requirements to fulfill. Goods and Services: SLA Residential Property Rental Information, Median Rentals and Vacancy of Office Space by Category, Quarterly, Median Rentals and Vacancy of Retail Space by Locality, Quarterly, Number of Applications Registered for Resale and Rental Flats, Estimated Singapore Resident Population in HDB Flats, Sold and Rented HDB Properties and Facilities, Renting Out of Flat Approvals by Flat Type, Quarterly, Income of Individuals by Income Type, Annual, Income of Companies by Income Type, Annual, SLA Rental Tender and Bidding Results Information, Distribution Of Monthly Household Expenditure By Type Of Goods And Services, Quinquennial, Ministry of Trade and Industry - Department of Statistics, Dwelling Units under HDB's Management, by Town and Flat Type, Distribution of Monthly Household Expenditure by Type of Goods and Services (Detailed) and Type of Dwelling, Distribution of Monthly Household Expenditure by Type of Goods and Services (Detailed) and Income Quintile, Average Monthly Household Expenditure by Income Quintile and Type of Dwelling, Quinquennial, Average Monthly Household Expenditure by Household Size and Type of Dwelling, Quinquennial, Licensed Food Establishments - Food Shops. ii. It contains a wide range of statistics on the private residential, commercial and industrial sectors, as well as details about individual projects. Total - Expenditure data include imputed rental of owner-occupied accommodation. a. North America accounted for the highest share in the global car rental market in 2019, in terms of revenue, and LAMEA is anticipated to exhibit remarkable growth rate during the forecast period. Society - Certificate of Registration from Registrar of Societies Download SingStat Mobile App for fast, free and easy access to Singapore official statistics and key ASEAN statistics! i. As market leaders in the field, we are recognised for setting the standards in the sale, purchase and letting of high quality residential property in Singapore and the Asia Pacific region. https://spring.ura.gov.sg/lad/ore/login/map_city_area.pdf. Occupancy rates for multiple-user factory space, warehouse space and business parks space all increased on a q-o-q basis, with the warehouse segment registering the strongest uptake of 0.8 ppt in 3Q20. Total income amount by income type (e.g. the YA2017 figures are as at 31 March 2019). Singapore resident population refers to Singapore Citizens and Permanent Residents only. This listing contains summary statistics (median, 25th percentile, 75th percentile and number of rental contracts) of major non-landed private residential projects with at least 10 rental contracts signed in a quarter. Focusing on nurturing a strong family and community spirit, public housing policies and schemes are formulated to meet changing needs and aspirations. September 24. Year-on-year, rental volumes are 4.1% lower. Compliance with the Code of Practice of Environmental Health (COPEH) and operational requirements for foodshops, which covers areas like minimum kitchen size, refuse management, noise and cooking fumes control etc. Find a service. The latest HES was conducted from Oct 2012 to Sep 2013. We develop public housing to provide Singaporeans with affordable, quality homes, and a better living environment. n. Cleaning program for catering vehicle October 2020 HDB rents increase 0.7% from September 2020. Category 2: In Singapore cost of accommodation accounts for 40% of cost of living expenses.You … Continue reading "Rental Market" h. Letter of authorisation (when submission of application is not done by intended licensee/director of company holding the licence) Singapore is a superb place to invest in real property especially the new launch condominiums. All food retail establishments must be licensed in order to operate. Refers to office space in buildings located in core business areas in Downtown Core and Orchard Planning Area which are relatively modern or recently refurbished, command relatively high rentals and have large floor plate size and gross floor area. Accommodation costs can typically amount to 40 percent of household expenditure. Goods and Services: Breaking down by regions, in October 2020, 39.1% of the total volumes are from OCR, 33.1% from RCR and 27.8% from CCR. Volumes are 5.8% higher than the 5-year average volume for the month of October. This Dataset shows the number of food shops by year. Based on ranking of all resident households by their monthly household income from all sources (including employer CPF contributions) per household member. Last week, URA reported that the private residential property index for 3Q2017 have increased by 0.5 per cent.This is the first time an increase has been seen, after 15 straight quarters, or close to four years, of decline. Submission of relevant approvals and supporting documents Please note that this is potential pitfall for applicant. Topics covered include household consumption expenditure, households' income, socio-economic characteristics and ownership of selected consumer durables. After a shortlived recovery, Singapore’s housing market is slowing, amidst plunging demand. The latest HES was conducted from Oct 2012 to Sep 2013. e. Food hygiene officer certificate (for Food caterers, Restaurants, Foodcourts and Canteens only) To publish the existing rental range for residential State properties. It also contains details of individual projects. The implementation of stringent emission regulations by governments across the globe is fueling the adoption of urban mobility solutions, driving the market growth. A major project is defined as one with at least 100 residential units. Market Rates. You can subscribe to REALIS for one year, or opt for a daily subscription plan, at a fee. 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