Grade-A office rents to moderate as occupiers turn cautious
The Singapore Urban Redevelopment Authority (URA) office property rental index recorded a sharp 4.9% year-on-year (y-o-y) jump in the third quarter (3Q) of 2023, more than double the 2.3% growth in the preceding quarter. Tay Huey Ying, JLL head of research and consultancy, Singapore, believes that this is largely attributable to leases contracted in the […]