See how the trends in Singapore's leasing market has changed

Mid-tier properties in the RCR are in demand.

According to Knight Frank, average private residential rentals in 3Q 2012 have risen across the board, whereby rents for OCR non-landed homes increased the most by 1.6 per cent, followed by  terrace homes island wide (up 1.1 per cent) and RCR non-landed (up 1 per cent).

With more housing  options island-wide for tenants and the constrained housing budgets for expatriates, OCR non-landed homes are starting to gain more interest from budget-conscious tenants.

Similarly, leasing demand for RCR properties have also increased, with some tenants moving to mid-tier properties in the RCR, which offers comparable commuting convenience to the city centre at more affordable rents.