singapore office rents
Office demand outpaces new CBD supply: reports
Office demand outpaces new CBD supply: reports
Only Shaw Tower is scheduled for major Grade A office completion in the CBD next year.
Singapore ranks 7th most expensive place for prime offices in APAC
Prime office rents stood at 33.7% in APAC.
Office space prices rise 3.1% in Q2
In Q2, occupancy decreased by 20,000 sq m.
Singapore Grade A office rents up by 0.7% after two quarters decline
Tight supply and renovation costs drive rent increase.
Record building completion to soften office rents in 2024
Savills expects rents to soften from -2% YoY to -3% YoY.
CBD Grade A office spaces vacancy rises to 7.4% in Q1
This is the second consecutive quarter that the vacancy rate increased.
What is driving demand in the office market?
The market is expected to post a full-year rental growth of around 3% to 5%.
Singapore “safe haven” reputation to prop up prime grade office rents
Full-year office rent growth will come between 3% up to 5%.
Chart of the day: CBD Grade A rents rises by 1.6% in Q2
Vacancy rates to tighten to 4%, an analyst said.
Office space rents rise 1.6% in Q122
The rent increase was higher than the previous quarter's record of 0.9%.
CBD Grade A office rents projected to grow 4.6% in 2022
SG's positive economic outlook pushed the office market this year.
SG office rents up as workplace revolution persists
Prime office rents rose 1.5% QoQ in the fourth quarter of 2021.
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