Office Market Review
Supply Q1 2022
This pick-up in leasing activity has caused vacancy rates to drop further and currently stands at around 8.6% in the market as a whole (5.8% for the prime market). For instance, Capitaland’s CapitaSpring has been an outstanding success and now stands 92% committed with only pockets of space left for lease.
The buildings that currently have the widest choice of space available include Marina Bay Financial Centre Tower 1 (six floors) as well as Asia Square Tower 1. Along Robinson Road 61 Robinson Road and Robinson Point have ample options. Later in the year, Capital Tower will have substantial space available when JP Morgan relocate to CapitaSpring. Hong Leong Building will have significant space coming available after KPMG relocate.
This pick-up in leasing activity has caused vacancy rates to drop further and currently stands at around 8.6% in the market as a whole.
Singapore Office Market Review – Financial District Edition
Click to download
PDF 2.4mb
PDF includes additional content
- Recommended Leasing Options
- Featured Building: Guoco Midtown
