Chart of the Day: Check out how much rents for CBD Grade A office buildings jumped in 3Q13

It's the 3rd rise in a row.

Average rents for Savills basket of CBD Grade A office buildings rose for the third successive quarter, increasing 0.7% QoQ to S$8.48 per sq ft per month in Q3/2013.

Rents at the AAA Grade office buildings located mainly in the Marina Bay area stabilised at S$10.29 per sq ft, while those for AA and A Grade office space climbed to S$9.00 per sq ft and S$7.94 per sq ft respectively.

Here's more from Savills:

Compared with the previous quarter, rents of Grade A offices in the City Hall micro-market registered the biggest increase of 1.5% QoQ, followed by Raffles Place/Marina Bay (1.0%) and Shenton Way (0.6%).

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