14.07.2009 - Singapore’s office and industrial rents declining
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