Singapore office rents may overtake Hong Kong


Tourists in front of Singapore's econic Merlion with the business district in the backround, (Filepic)

SINGAPORE: Singapore office rents may overtake those of Hong Kong for the first time since 2009, a sign that the South-East Asian city-state is gaining an edge over its rival financial hub.

Average office spot rents in Singapore could rise 5% to 10% in 2022 on the back of a limited new supply, according to a Bloomberg Intelligence report.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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