30 Jul '14, 7am

#Office rents up 2.8% in Q2 #Singapore #CRE

Jul 29, 2014 - CommercialGuru.com.sg Comment E-mail to friend Bookmark & Share Office rents in Singapore climbed by 2.8 percent in Q2 2014 compared to a 2.4 percent rise in the previous quarter, revealed the latest figures from the Urban Redevelopment Authority (URA). According to property consultancy JLL, the increase is attributed to “steady demand, driven mainly by smaller space occupiers.” On the other hand, prices of office space were flat compared to a 0.5 percent increase in Q1 2014. “The prices of offices remained stable in Q2 2014, supported by the launch of Vision Exchange which accounted for 42 percent of the office transactions during the quarter, with prices ranging from $1,907 to $2,341 per sq ft,” said JLL. In terms of stock and vacancy, office space absorption increased by 22,000 sq m in Q2 2014 versus the 6,000 sq m hike in the previous quarter. Conversely...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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Fabric: Polyester S: Length 52cm Bust 84cm Shoulder 35cm Sleeve 37cm M: Length 53cm Bust 88cm Shoulder 36cm Sleeve 38cm L:...

Sale HLB2569 office top white S$ 18.30

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