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Caution and competition stymie rental growth of Singapore’s office market in 2024

caution-and-competition-stymie-rental-growth-of-singapore’s-office-market-in-2024

Singapore’s office market in 2024 reflected a cost-conscious approach among major corporate tenants, according to industry experts. The completion of new prime and city-fringe office developments also led to a more tempered growth in rental rates. Desmond Sim, CEO of Edmund Tie, reckons that economic uncertainties this year led many office tenants to adopt a […]