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Continuing decline in office and retail rents in Q3: Colliers

Oversupply and soft demand put pressure on office sector, while retail landlords see slower leasing and more shorter-tenure leases


OVERALL office rentals across Singapore continued to slide under the pressure of oversupply and lacklustre demand, while in the retail scene, leasing activity slowed and the decline in retail rentals quickened in the third quarter of this year.

This was according to two...