Singapore office rents fall in 3Q2023 on weaker demand: JLL
Singapore office rents have dropped for the first time in nine consecutive quarters, according to a press release from JLL. Marking a 0.3% decline quarter-on-quarter, the dip reflects a combination of slowing economic growth, geopolitical tensions and rising prices.Andrew Tangye, the head of office leasing and advisory at JLL Singapore, said that the uncertain near-term […]