Singapore Office Rents May Dip 5% in 2021
Mingtiandi Username The work from home trend could be bad news for Singapore’s office landlords In today’s roundup of regional news headlines, Knight Frank issues a bearish forecast for Singapore office rents, official figures show a cooling China housing market, and Hong Kong’s first major property launch of the year draws a horde of eager buyers. Property consultancy Knight Frank is expecting office rents in Singapore to fall by around 5 percent in 2021 before bottoming out and recovering in the following year, barring new strains of the COVID-19 virus and consequent lockdowns. This c...
Source: mingtiandi.com