Grade-A office rents to moderate as occupiers turn cautious
URA’s office property rental index recorded a sharp jump of 4.9% q-o-q in 3Q2023 – double the 2.3% q-o-q growth in the preceding quarter. This is likely attributed to leasing deals concluded some time back when occupier demand was still robust, according to Tay Huey Ying, JLL head of research and consultancy, Singapore. However, URA’s […]