US EditionCentral Region office rents edge up 0.3% in 1Q2025, ending two quarters of decline
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Central Region office rents edge up 0.3% in 1Q2025, ending two quarters of decline
Office rents in Singapore’s Central Region rose marginally by 0.3% q-o-q in 1Q2025, reversing two consecutive quarters of decline. According to the Urban Redevelopment Authority (URA), the uptick followed a 0.9% drop in 4Q2024 and a 0.5% dip in 3Q2024. On a y-o-y basis, office rents increased by 2.0% in 1Q2025, easing from the 5.8% growth recorded in the same period a year ago. Leonard Tay, head of research at Knight Frank Singapore, attributes …
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