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URA Chairman Peter Ho Hak Ean

Singapore Office Rents Decline In Q4, Modest 2025 Growth Predicted

2025/01/25 by Bianca Cuaresma Leave a Comment

Office rents in Singapore’s central region dipped further in the last three months of 2024, as landlords prioritised maintaining occupancy amid market uncertainty.

According to data released on Friday by the Urban Redevelopment Authority (URA) , office rents in Singapore’s… Read More>>

Shaw Towers

Downtown Singapore Office Rent Growth Set to Slow to 2% in 2024 as Supply Surges

2023/12/26 by Christopher Caillavet Leave a Comment

Growth in Grade A office rents in downtown Singapore is expected to taper to 2 percent next year from 2023 levels amid a surge in new supply, according to Cushman & Wakefield.

After rising 6.5 percent in 2022 and an… Read More>>

lee garden 3

Hong Kong Office Rents Fell 2.2% in May as Vacancies Reached 12-Year High

2020/06/23 by Mingtiandi Team Leave a Comment

With uncertainty plaguing Hong Kong’s economy as political unrest and the lingering effect of the coronavirus pandemic continues to hamper business, rents slid 2.2 percent in May and vacancies reached numbers not seen since the global financial crisis of 2008.

… Read More>>

Nelson Wong JLL

Hong Kong Office Rents Fell 2.2% in February as COVID-19 Rocks Property Market

2020/03/26 by Charles McDermid Leave a Comment

The COVID-19 pandemic continues to batter Hong Kong real estate, with rents in the world’s most expensive office spaces suffering the steepest month-on-month drop in more than a decade, according to a report this week by JLL.

The property consultancy… Read More>>

Shanghai Office Rents Slide as Vacancy Hits Ten Year High

2020/01/07 by James Hatton Leave a Comment

Grade A office rents in Shanghai continued their downward slide in the fourth quarter of 2019 as the citywide vacancy rate hit 20 percent, according to a report published by Cushman & Wakefield this week.

Amid a glut of space… Read More>>

Denis Ma JLL

We’re No. 1! Hong Kong Again Tops Global List of Prime Office Rents

2018/12/05 by Vincent Morkri Leave a Comment

Hong Kong’s Central district remained the most expensive place in the world for premium office rental costs as of the end of the third quarter, with the district’s rents far ahead of the second city on the list, New York,… Read More>>

Law Firm Flees Hong Kong’s The Center for Wanchai as Office Rents Keep Climbing

2018/09/18 by Emma Zhou Leave a Comment

Offshore incorporation specialists Maples and Calder, are giving up the 53rd floor of The Center on Hong Kong’s Queen’s Road, as yet another international company flees the world-leading rents of Hong Kong’s Central district.

The law firm’s new home will… Read More>>

Sigrid Zialcita

Singapore Office Rents Expected to Surge 25% in Two Years, Leading Asia Pacific

2018/01/23 by Greg Isaacson Leave a Comment

Singapore office rents are projected to surge by over 25 percent from 2017 through 2019, leading the pack among Asia Pacific markets and more than twice as fast as downtown Hong Kong, according to Cushman & Wakefield.

The forecasts by… Read More>>

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