Landlord hoping for $3,800. What are the chances?

For a landlord hoping to rent out a 2-bedroom unit at Hillsta for $3,800 per month in 2025, the chances depend on several factors, including the current market trends and the specific location of the property.

Given the current market conditions, Singapore's private residential rental market has experienced a decline in rents, with a 1.9% decrease in Q1 2024 and ongoing downward trends due to increased supply and higher vacancy rates, particularly in the Core Central Region.

However, rental demand is still present, especially for properties with desirable amenities and locations. The median monthly rent for a three-bedroom condominium unit in some areas, like District 2, was around $6,800 in Q1 2025, but this can vary significantly depending on the specific district, amenities, and condition of the property.

For a 2-bedroom unit at Hillsta, if the property is well-maintained, located in a desirable area, and offers attractive amenities, the landlord might have a reasonable chance of securing a tenant at around $3,800 per month. However, this would need to be competitive with other similar listings in the area.

To get a more accurate assessment, it would be beneficial to check recent rental transactions for similar units in the same area on EdgeProp Singapore. This will provide a clearer picture of the going rates and help determine if $3,800 is a viable rental price.