Singapore Offices 2H/2020
It’s not doomsday for the office sector if we account for the phased expiry of leases
It’s not doomsday for the office sector if we account for the phased expiry of leases
Rents continue to slide
Leasing market was very subdued.
Covid-19 has started to take its toll
Although rents may take a breather in 2020, renewal rents will still be higher than
"Rents have flattened for two straight quarters."
Economic issues in 2020 may force rental growth to take a breather
CBD Grade A office vacancy falls further.
Rents are still on solid ground.
Rents are still on solid ground.
The recent sharp correction in global equity markets, if not reversed
Tenants are in a hurry to secure space as depleting supply is accelerating rental growth.