Singapore Office Tenants Get Upper Hand as Rental Decline Begins

  • Rents to fall as much as 7% in 2015, further 8% in 2016: DTZ
  • Rents dropped 4.1% in third quarter to S$10.40 per square foot

Commercial buildings in the central business district stand near Marina Bay in this aerial photograph taken above Singapore.

Photographer: Darren Soh/Bloomberg

The tables have turned when it comes to Singapore’s downtown office rents.

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