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Median rents in the CBD down 0.8% q-o-q in 3Q2024

median-rents-in-the-cbd-down-0.8%-q-o-q-in-3q2024

The office rental market in Singapore experienced a slight dip in 3Q2024, following a strong rebound in the previous quarter. The URA office rental index (Central Region) increased by 3.1% in 2Q2024 but saw a 0.5% decline this quarter, reflecting ongoing rental volatility since 1Q2024, says CBRE. The dip in rent has resulted in a […]