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
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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.
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