The latest TPN Credit Bureau rental payment monitor shows that rentals paid on time in the second quarter improved by four percent.

"It is still too early to be certain, but declining interest rates putting more cash in the hands of tenants may have improved cash flow in terms of meeting non-credit expenses such as rent," said TPN on Thursday.

The data shows that rentals paid on time and in full improved four percent to 61 percent. Overall non-payment improved by five percent, down from 19 percent to 14 percent.

Sapa

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