CBD Grade A office rentals likely to be flat this year
Supply is limited, but market watchers say that cloudy business prospects and subdued growth in the local economy will provide little zing for rental growth
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Singapore
PROPERTY consultants are generally expecting Grade A office rentals in the Central Business District (CBD) to be flattish this year, after this segment posted slower growth in 2019 than in 2018.
JLL Singapore's head of research and consultancy, Tay Huey Ying said: "Clouded business prospects and subdued growth in Singapore's economy will provide little impetus for rent growth for the most part of 2020."
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