You are here

SINGAPORE PROPERTY

Office rents fall 0.6% in Q3, rental growth projected to slow

Analysts attribute this to supply pressures and softer occupier demand amid an uncertain business environment

BT_20191026_CBD_3932336.jpg
Where vacancy is concerned, Grade A and Premium CBD office vacancy is expected to continue to trend below 6 per cent until 2022 because of a tight supply.

Singapore

OFFICE rents in the Central Region eased 0.6 per cent in the third quarter, according to the latest data from the Urban Redevelopment Authority (URA).

Rental growth is expected to be slow going forward, given that a weakening economy will prompt more occupiers to hit the...

sentifi.com

Market voices on: