Why Singapore's office sector continues to draw investors

SINGAPORE'S Central Business District (CBD) Grade A office capital values have recovered by more than 20 per cent since bottoming in the first quarter of 2017.

And yet, investors continue to pick them up at record pricings and compressed yields in 2018.

For instance, in June and July this year, Twenty Anson was transacted at a net property yield of 2.7 per cent, while 55 Market Street and MYP Plaza are believed to have changed hands at sub-2 per cent yields.