Five S-E Asia cities, including Singapore, listed in JLL's Premium Office Rent Tracker

Singapore

FIVE South-east Asian cities rank in the world's top 86 most expensive premium office rental markets, according to the fifth edition of JLL's Premium Office Rent Tracker.

Singapore held the 14th spot worldwide, with net effective rents and occupancy costs running at US$117 per year per square foot (psf). The rents in the other four ranked Southeast Asian cities were Ho Chi Minh City (38th position, US$78 psf), Jakarta (55th position, US$60 psf), Manila (66th position, US$54 psf), Bangkok (77th position, US$46 psf) and Kuala Lumpur (85th position, US$30 psf).