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.
