Singapore office rents fall in 3Q2023 on weaker demand: JLL
Rent correction in Singapore’s office market is underway, with 3Q2023 marking the first quarterly decline in rates following nine consecutive quarters of rental growth. JLL’s research shows gross effective rent for Grade A office space in the CBD fell 0.3% q-o-q to an average of $11.29 psf per month this past quarter, down from $11.32 […]