Prime office rents holding up despite slowing economy: Knight Frank
Occupancy levels in Singapore’s CBD remain resilient despite a slowing economy, clocking in at 96% and 94.4% respectively in 3Q2023 in the Raffles Place and Marina Bay precinct. Most office occupiers in quality office buildings were inclined to renew their rental contracts due to its cost-efficiency compared to relocation. It is also surrounded by amenities […]