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Singapore's property market mixes the best and worst in Asia

CBD office rents up 14% last year, the biggest jump in region, while luxury home prices slumped 6%, the most in Asia

Published Mon, Feb 16, 2015 · 09:50 PM
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Singapore

WHEN it comes to the best and worst property markets in Asia, Singapore has it covered.

Office rents in the city's central business district (CBD) jumped 14 per cent last year, the biggest increase in the region, while luxury home prices slumped 6 per cent, the most in Asia, according to Jones Lang LaSalle Inc, a property brokerage and consulting company.

The gap is about to widen. Prime office rents in the city, Asia's…

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