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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

More than two-thirds of the 40-storey CapitaGreen office tower (above) has been leased, said CapitaCommercial Trust. About 1.15 million sq ft of new office space will come on stream in 2015, rising to 1.6 million sq ft in 2016 and 4.7 million sq ft in 2017, according to real estate broker Knight Frank LLP.


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