Chart of the Day: Marina Bay offices to take in 2.01 million sqft space until 2021

Supply is expected to surge only by 2021 due to the absence of building completions.

This chart from Knight Frank Singapore shows that Grade A+ offices in the Marina Bay/Raffles Place are expecting a supply of 2.01 million sqft from 2018 to 2021.

KF said that with the lack of building completions, new office space supply will wane until 2020, and prime grade office rents are expected to rise in the near term.

Grade A offices in the Shenton Way/Robinson Road/Tanjong Pagar precinct are expected to take in 1.93 million sqft.

Meanwhile, Grade A offices in the Suntec/Marina/City Hall & Central and Orchard precincts are expected to have 270,400 sqft and 442,800 sqft, respectively. The new supply is expected to come in by 2019.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.