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Singapore’s office and industrial rents declining

Posted on 14 July 2009

From Property-report.com: Singapore´s rental market for both the office and industrial markets are heading southwards, research from CB Richard Ellis (CBRE) and DTZ show.

According to CBRE, prime office rents averaged S$8.60 per sq ft per month, reflecting a 18.2 percent decrease quarter-on-quarter as compared to the 18.6 percent quarter-on-quarter drop in the first quarter of 2009……….Full Article: Source


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