Occupancy and Monthly Rental Rates at New Commercial Dormitories

MP Chua Kheng Wee Louis asked for average occupancy and monthly rental rates of new contracts for commercial dormitory beds over the last five years.
Minister Tan See Leng responded that dormitory occupancy was about 97% last year, close to full, versus 90% in 2019 pre-COVID-19.
The median monthly rental rate was about $450 per bed last year, up from around $300 per bed in 2019.
The data covers new contracts for commercial dormitory beds and reflects changes in occupancy and rental trends over the period.

MP Chua Kheng Wee Louis asked for average occupancy and monthly rental rates of new contracts for commercial dormitory beds over the last five years.
Minister Tan See Leng responded that dormitory occupancy was about 97% last year, close to full, versus 90% in 2019 pre-COVID-19.
The median monthly rental rate was about $450 per bed last year, up from around $300 per bed in 2019.
The data covers new contracts for commercial dormitory beds and reflects changes in occupancy and rental trends over the period.

MP Chua Kheng Wee Louis asked for average occupancy and monthly rental rates of new contracts for commercial dormitory beds over the last five years.
Minister Tan See Leng responded that dormitory occupancy was about 97% last year, close to full, versus 90% in 2019 pre-COVID-19.
The median monthly rental rate was about $450 per bed last year, up from around $300 per bed in 2019.
The data covers new contracts for commercial dormitory beds and reflects changes in occupancy and rental trends over the period.

MP Chua Kheng Wee Louis asked for average occupancy and monthly rental rates of new contracts for commercial dormitory beds over the last five years.
Minister Tan See Leng responded that dormitory occupancy was about 97% last year, close to full, versus 90% in 2019 pre-COVID-19.
The median monthly rental rate was about $450 per bed last year, up from around $300 per bed in 2019.
The data covers new contracts for commercial dormitory beds and reflects changes in occupancy and rental trends over the period.

Summary