Singapore office rents, prices to see further upward momentum: analysts
Rents in central region rose at a faster pace in Q1 2022 amid flight to quality, back-to-office momentum, tight supply, and economic recovery
Add BT as a preferred source
Singapore
ANALYSTS foresee further rental growth in the central business district (CBD) office market, after rents in Singapore's central region rose at a faster pace in Q1 2022 amid the flight to quality, back-to-office momentum, tight supply, and economic recovery.
Meanwhile, prices of office space turned the corner in the latest quarter, reflecting robust interest from investors. Demand from buyers is also expected to grow for the rest of this year.
TRENDING NOW
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Should you sacrifice some CPF Life income in favour of ILPs? Tread carefully
