Singapore Office Rents to Rise the Most in Asia

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#1
Singapore Office Rents to Rise the Most in Asia

By Pooja Thakur Mahrotri
January 22, 2018, 5:00 AM GMT+8

Singapore office rents are set to post the biggest gains among Asian cities as an increase in demand runs into moderating supply, according to Cushman & Wakefield Inc.

Office rents in all major Asian cities, with the exception of Tokyo, are set to rise over the next two years, according to forecasts from Cushman. Singapore will lead the pack, with rents forecast to surge 25 percent, more than double the 12 percent growth forecast in Hong Kong’s central business district.

“The best is yet to come for the office leasing market,” said the Singapore-based Sigrid Zialcita, managing director for Asia Pacific research at Cushman. “Conditions haven’t looked this good since the spurt in the aftermath of the financial crisis.”

More details in https://www.bloomberg.com/news/articles/...-hong-kong
Specuvestor: Asset - Business - Structure.
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#2
Wow, just last year we were talking about dropping office rents.
Now suddenly become 25% rise in 2 years?
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#3
Anyone can say anything when forcasting.

I shall be contrarian. I say for next 2 years, we won't even see a 5% growth
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