24 Jun '14, 11am

Supply crunch sees CBD office rents rise, Singapore Property News, Singapore Property Guides & Articles - STProperty

Average CBD rents expanded 4 per cent to $9.96 per sq ft per month in the second quarter over the preceding three months, says property consultancy JLL. -- PHOTO: LIM YAOHUI FOR THE STRAITS TIMES LIMITED supply is pushing up rents for offices in the central business district (CBD) but looming interest rate rises are deterring investors from buying, said property consultancy JLL. Average CBD rents expanded 4 per cent to $9.96 per sq ft (psf) per month in the second quarter over the preceding three months, mainly due to the "stable take-up" by firms amid tightening vacancies, it said. The increase was at a slightly faster rate than the 3.9 per cent rise in the first quarter this year from the previous quarter. Mr Chris Archibold, head of markets at JLL, told The Straits Times yesterday that the growth in rents was "likely to continue through 2014 and the first half of 2015 a...

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

Tweets

Supply crunch sees CBD office rents rise, Singapore Property News, Singapore Property Guides

Supply crunch sees CBD office rents rise, Singa...

stproperty.sg 24 Jun '14, 8am

Average CBD rents expanded 4 per cent to $9.96 per sq ft per month in the second quarter over the preceding three months, ...

Plush and minus, Singapore Property News, Singa...

stproperty.sg 24 Jun '14, 7am

Transactions of condos costing more than $5 million in the first half of the year fell more than 60 per cent from the same...

Each investment vehicle would have their own ri...

stproperty.sg 24 Jun '14, 7am

Benjamin Tan Guo Hui is from Singapore Management University's School of Economics and Shaun Chia Qi Jing is from SMU's Le...

New: Singapore Property News This Week #161

propwise.sg 25 Jun '14, 12pm

Up from 28.9 per cent in H1 2014, the proportion of private housing supply in the Central Region has increased to 33.2 per...

Tanjong Katong shophouse up for sale, Singapore Property News, Singapore Property Guides

Tanjong Katong shophouse up for sale, Singapore...

stproperty.sg 24 Jun '14, 8am

A FREEHOLD corner conservation shophouse in the Tanjong Katong Conservation Area has been put up for sale in a public tend...

Is Malaysia's Iskandar losing its shine?, Overs...

stproperty.sg 25 Jun '14, 4pm

RED speckles of danger have surfaced in Malaysia's hot zone Iskandar on the back of frenzied building by gungho developers...

Mortgagee sales touch quarterly high in Q2, Singapore Property News, Singapore Property Guides

Mortgagee sales touch quarterly high in Q2, Sin...

stproperty.sg 24 Jun '14, 8am

[SINGAPORE] The number of properties up for auction by mortgagees (or lenders) as well as their share of the number of pro...

Fourth Gambas site, two Tuas South plots for sa...

stproperty.sg 25 Jun '14, 4am

At a state tender that closed last month, two earlier sites on Gambas Crescent made the headlines when they attracted bull...

China developers launching massive projects in Johor, Overseas Property News, Singapore Property...

China developers launching massive projects in ...

stproperty.sg 24 Jun '14, 3am

Huge supply: Visitors viewing a model of upcoming developments in Johor's Danga Bay area. Guangzhou-based Country Garden H...

Paya Lebar Central generating buzz, Singapore P...

stproperty.sg 23 Jun '14, 7am

The view from Singapore Post Centre overlooking the almost completed Paya Lebar Square. Interest in the area has perked up...

Are shorter industrial leases a problem?, Singapore Property News, Singapore Property Guides & Articles - STProperty

Are shorter industrial leases a problem?, Singa...

stproperty.sg 23 Jun '14, 2am

The government's move to shorten industrial land tenures to help industrialists better manage costs is all well and good -...

Are shorter industrial leases a problem?, Singa...

stproperty.sg 22 Jun '14, 6pm

The government's move to shorten industrial land tenures to help industrialists better manage costs is all well and good -...

Everything's coming up roses on Orchard Road, S...

stproperty.sg 26 Jun '14, 10am

Shoppers at Ion Orchard mall in Orchard Road. According to analysts, the increase in the number of tourists coming to Sing...

Private home prices 'may fall up to 20%', Singa...

stproperty.sg 26 Jun '14, 10am

Artists' impressions of the 944-unit Coco Palms (above) in Pasir Ris, which moved 590 units last month at a median price o...

New: Singapore Property News This Week #162

propwise.sg 02 Jul '14, 10am

The fourth land parcel at Gambas Crescent has been launched for sale, along with two new sites at Tuas South. The Gambas C...