Singapore’s office leasing activity surged 12-fold in the first six months of the year, topping the Asia-Pacific region, while Hong Kong leasing remained subdued amid a stubborn supply glut, according to a report by Colliers.
Tenants relocating to newly completed premium spaces drove the spike in demand in Singapore, the report said.
The city state, widely deemed Southeast Asia’s top finance hub, also saw rents improve by 1.3 per cent to S$12.10 (US$9.42) per square foot per month as of the…
Source : South China Morning Post
Read more…Singapore office demand soars 12-fold as Hong Kong ‘subdued’: Colliers















