Singapore’s office market is expensive compared with Australia and Japan because of a space glut and slowing rental growth, according to Union Investment, Germany’s largest fund manager.
Office rents peaked in the first quarter as the city-state’s economic growth shows signs of tapering, according to Cushman & Wakefield Inc. Grade A office rents in the central business district could slide 14 percent over the next two years to S$9.12 per square foot per month from S$10.60 per square foot, Cushman estimates.
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An element of policy risk
Asia real estate investments
Asian Real Estate Investment Landscape
Contraction in employment
Export-dependent nation
Occupancy Rates versus Office Rental Index
Office Spaces to support Singapore growth
Rentals of Grade A Offices
Singapore Central Business Districts CBD
Singapore Consumer Price inflation rate CPI
Singapore Economic Growth
Singapore Property market
Singapore Property Price Index PPI
Singapore Property prices
Slowing rental growth
Weakening in Singapore growth outlook