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Flexible workspaces, tech giants are bright spots for Singapore office demand

This comes amid year-to-date decline of 3.4% in CBD Grade A office rents and further weakness seen for Q4 2020: Colliers

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Published Wed, Oct 7, 2020 · 09:50 PM
    Office rents and vacancy in Q3 2020

    Singapore

    THE expected demand for more flexible workspaces and a ramp-up of operations by tech giants could help to cushion the softness in office leasing demand in Singapore.

    This comes amid the year-to-date decline of 3.4 per cent in Central Business District (CBD) Grade A office rents and further weakness expected in Q4 2020, said a report by real-estate services and investment management firm Colliers International.

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