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Singapore Office Market Overview 3Q 2014 03 October 2014

Singapore’s office property market stayed on the growth path in 3Q 2014.

Rental growth for Premium Grade office space in the Raffles Place/New Downtown micro-market continued to lead...

Rental growth for Premium Grade office space in the Raffles Place/New Downtown micro-market continued to lead the market in 3Q 2014, surging by 6.1% quarter-on-quarter (QoQ) to $11.67 per sq ft by September 2014. This is the highest quarterly growth recorded in three years. Its Grade A counterpart posted a milder rise of 2.9% QoQ to end the September quarter at $10.25 per sq ft per month.

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