Colliers International - Singapore Office Q3 2017

Colliers International - Singapore Office Q3 2017


October 2017

In Q3 2017, CBD Premium and Grade A office rents rose 0.4% and 0.3 % YOY, after sliding for eight quarters amounting to a cumulative decline of 9.6%. This is the first concurrent QOQ and YOY uptick since Q2 2015. Rents have been going sideways for a while and we believe this distributed uptick signals a rental upturn in the works.

Keywords: Singapore market update, Q3 2017

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