The Business Times
business-time-50

Premium, Grade A office rents keep rising in Q1

Raffles Place and New Downtown also see office vacancies shrinking

google-preferred-sourceAdd BT as a preferred source
Published Wed, Mar 19, 2014 · 10:00 PM

    [SINGAPORE] Premium and Grade A office rents in Raffles Place and New Downtown continue to climb in the first quarter, according to Colliers International.

    The quarter also saw office vacancies shrinking and firms taking a proactive approach to review expansion and relocation options to lock in rents before they rise further.

    Asia Square Tower 2, which received Temporary Occupation Permit (TOP) last September, has seen a string of leasing deals lately, resulting in over 200,000 square feet of space being committed in the past six months, said the development's head of leasing, Luke Moffat.

    TRENDING NOW

    Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

    When every phone becomes a satellite phone, what happens to Asia’s telcos?

    When BT visited the Japan Home outlet at Eastpoint Mall in Simei on Tuesday, it was conducting stocktaking.

    Japan Home closing outlets; staff say Valu$ taking over operations

    Under the Philippines’ new policy, up to four EV models will be provided with as much as 15 billion pesos each in fiscal support, in the form of tax payment certificates.

    Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry

    While the Min Aung Hlaing government controls major cities and the central apparatus of the state, it reflects stability, not a stalemate.

    Can capital trust Myanmar again?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More