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Prime home rents: S'pore third worst performer among 18 cities

Prime rents here fall 4.9% in a year; Tokyo leads ranking for second consecutive quarter with prime rents up 8.1%

Published Wed, Jul 8, 2015 · 09:50 PM

Singapore

ASIA was home to the best and the worst performers in the global prime residential leasing market in Q1, with Singapore ranked third-worst after prime rents here fell 4.9 per cent in the 12 months to March 2015.

This is according to a study by Knight Frank, an independent global property consultancy which tracks the data of 18 markets based on its network of global offices and research teams.

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