Some office tenants in Singapore’s central business district (CBD) are resisting further increases in rents, following nine consecutive quarters of increase in grade A office rents in the business area, according to a market report by Colliers International. Cumulatively, grade A office rents in the CBD have risen by 27 per cent since the second quarter of 2017, driven by tightening supply.Average monthly grade A office rents in the CBD have climbed 1.5 per cent to S$10.08 (US$7.36) per square…
Source : South China Morning Post
Read more…Office tenants in Singapore’s central business district push back on landlords’ attempt to raise rental charges















