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Strong net absorption of office space in first half

Net absorption of 88,000 sq m in first six months exceeds annual figures for 2014 to 2017

Kalpana Rashiwala
Published Fri, Jul 27, 2018 · 09:50 PM

    Singapore

    RENTALS as well as prices of office space in the central region of Singapore continued to climb in the second quarter, show latest government numbers.

    Island-wide, net absorption of office space in the first half of this year has surpassed the annual figures of the past four years (2014 to 2017), according to JLL's analysis of the the latest figures released by Urban Redevelopment Authority.

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