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Premium, Grade A office rents keep rising in Q1

Raffles Place and New Downtown also see office vacancies shrinking

Locking in rents: Asia Square Tower 2 has seen a string of leasing deals lately, resulting in over 200,000 square feet of space being committed in the past six months. - FILE PHOTO

[SINGAPORE] Premium and Grade A office rents in Raffles Place and New Downtown continue to climb in the first quarter, according to Colliers International. The quarter also saw office vacancies shrinking and firms taking a proactive approach to review expansion and relocation options to lock in

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