Grade-A office rents to moderate as occupiers turn cautious
The URA Office Property Rental Index recorded a sharp 4.9% quarter-on-quarter jump in 3Q2023, more than double the rate of growth in the preceding quarter. According to JLL Head of Research and Consultancy, Singapore, Tay Huey Ying, it is largely attributable to the conclusion of leasing agreements when the demand for office space was strong, […]