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Singapore CBD Grade A office rents book fastest quarterly growth since recovery

JLL data show rents rose 2.3% to S$10.46 psf per month in latest quarter from S$10.23 in Q4 2021

Michelle Zhu
Published Tue, Mar 29, 2022 · 09:50 PM

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Singapore

GRADE A office rents in Singapore's Central Business District (CBD) continued their steady upward momentum in Q1 2022 to register their highest pace of growth since rents turned around in Q2 2021, according to JLL Singapore.

Based on figures provided by the firm on Tuesday (Mar 29), Grade A CBD office rents rose 2.3 per cent to S$10.46 per square foot (psf) per month in the latest quarter from S$10.23 in Q4 2021.

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