Demand still apparent in office market despite global setbacks: Knight Frank
Singapore’s office market remains stable and resilient, remaining largely underpinned by cautious expansion and flight-to-quality demands amidst market uncertainty. According to a report by Knight Frank, prime-grade office rents in the Raffles Place and Marina Bay precincts increased to an average of $10.83 psf per month, recording a 1.3% growth in 1Q2023. Occupancy levels in […]