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Rents for 1st-floor retail space dip 1.2% in Q4

Thursday, January 14, 2016 - 05:50

Singapore

RENTS for first-storey retail space islandwide fell 1.2 per cent in the fourth quarter of 2015 from a quarter ago to about S$30.50 per sq ft (psf), according to DTZ Southeast Asia.

This marks a third straight quarter of decline, translating to a steeper 5.9 per cent