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Thread: Prime office rents in Singapore up 5.5% in Q1

  1. #1
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    Default Prime office rents in Singapore up 5.5% in Q1

    http://www.straitstimes.com/breaking...55-q1-20140407

    Singapore's office market saw firm demand in the first quarter this year, as a dearth of fresh supply and healthy demand boosted landlords' asking rentals.

    The average rent for Grade A office space in the first three months this year came in at $9.90 per square foot (psf) per month, up 5.5 per cent from the previous quarter, said property consultancy Cushman & Wakefield in a report released on Monday.

    This was the fourth straight quarterly increase, as Singapore's growing economy leads firms to expand and seek more office space.

    Offices in the Raffles Place area saw the highest increases in rents within the central business district in the first quarter this year.

  2. #2
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    Default

    Quote Originally Posted by princess_morbucks View Post
    Is this good or bad sign illuminated one?:
    What ia a good house?
    It is a good house as long as you love it

  3. #3
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    Quote Originally Posted by Good house View Post
    Is this good or bad sign illuminated one?:
    Paging blackjack, who is the illuminated one!
    I am merely reporting the news .

    I guess it will be good if you have bought office reits.

  4. #4
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    Jan 2013
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    Default

    Yes, understand blackjack is the illuminated one, just teasing him to come out.
    Thank you princess for consistently updating us with news
    What ia a good house?
    It is a good house as long as you love it

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