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Business Times·Singapore

Singapore office demand doubles as central rents rise

Summarised by Spiced Kopi · ·11 sec listen

Singapore office demand doubles as central rents rise

Singapore’s net demand for office space doubled in the third quarter, while rents in the central region rose 0.8 per cent. A 775,000-square-foot reduction in available stock also helped lower the islandwide vacancy rate to 10 per cent.

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