You are here

Colliers expects 14% full-year rise in CBD Grade A office rents

This will be the fastest pace of growth in its average S'pore CBD Premium and Grade A rent since 2010

BT_20181108_KROFFICE8_3610977.jpg
In Q3 2018, the vacancy rate for CBD Premium and Grade A offices inched up 0.1 percentage point quarter on quarter to 5.6 per cent.

Singapore

COLLIERS International's data shows average CBD Premium and Grade A rental value rose 4.3 per cent to S$9.20 per square foot per month in the third quarter of 2018 over the previous quarter.

The rental figure for Q3 2018 reflects an...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes