Positive office market numbers, but clouds loom

Singapore

THE latest official data points to overall positive indicators for the Singapore office market, but some analysts see warning signs.

CBRE's associate director of research Catherine He said: "We have observed more cautious sentiments as firms are assessing the full impact of the trade war, with more opting for renewals rather than committing capital expenditure to expand or relocate."

There has also been some right-sizing in the banking sector, as well as consolidation and a drive towards space…