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Soaring Hong Kong office rents now triple those of Singapore

Published Fri, Mar 3, 2017 · 09:50 PM
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Singapore

HONG Kong's office rents are almost three times higher than those in Singapore as property markets in the two cities diverged sharply in recent years, according to a report by Cushman & Wakefield.

The gap has boosted Singapore's appeal as a competitive business hub and made it a more attractive location for companies to house their regional headquarters, said the report released on Friday.

Hong Kong's office rental premium over Singapore - in US dollars and after adjusting for inflat…

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