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Author: leahlim   |   Latest post: Fri, 10 Apr 2020, 7:38 AM

 

Tech firms drive up premium office rents in Singapore

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SINGAPORE (EDGEPROP) - Premium office occupancy costs in Singapore have been ranked as the 14th most expensive in the world, with net effective rents and occupancy costs running at about US$117 ($162.73) per year psf (py/psf), or just over half the premium rents in Hong Kong’s Central District.
The result is based on JLL’s “Premium Office Rent Tracker” report, which compares occupancy costs for premium office buildings in leading global real estate markets.
 
 
 
 

 

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