Worst seems to be over for CBD Grade A office rental market
JLL's view based on 2 quarters of rent and capital value growth, with the second coming in at a stronger pace
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Singapore
FIRMER signs of a turnaround in prime office rents and prices have emerged from the latest data from property consultancies, as Grade A office rents and prices in Singapore's Central Business District (CBD) not only improved for the second straight quarter but also rose at a faster clip.
This has led JLL Singapore head of research and consultancy Tay Huey Ying to opine that the worst appears to be over for this market.
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