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Singapore office properties to outshine HK’s

Posted on 27 June 2011

The commercial and office property sector in Singapore is set to outshine Hong Kong’s in the medium term. This is according to analysts, who expect dramatic increases in office rents in Hong Kong over this year and the next.
Based on research from property consultancy Savills, Grade A office rents in Hong Kong will increase at a rate of 25 per cent this year. This is compared to 10 per cent for Singapore. By 2013, however, office rentals in both economies are forecast to grow at 10 per cent………………………………………..Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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