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Singapore: Office rents maintain single-digit growth in Q2

Posted on 29 June 2011

Singapore’s office property market appeared to have averted an overheating situation, with office rents in the second quarter this year maintaining at single-digit growth. According to the latest quarterly office property market research report by Colliers International, this comes amid the continued easing of occupancy rate.
Average monthly gross rents of Grade A office space in Singapore recorded the third consecutive quarter of moderation in quarter-on-quarter growth at six per cent……………………………………….Full Article: Source


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