Singapore leasing market reaches historical high levels in 3Q12

There were 14,029 recorded leases.

According to Savills, leasing volume reached a historical high of 14,029 leases in Q3.

This has beaten the previous record of 13,028 leases inked in Q3/2011 by 8%.

There were 37,668 leases inked in the first three quarters of this year.

Being about 7,400 leases short of last year’s full-year record of 45,062, 2012 is poised to reach another historical high.

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