PAP defy gravity

[syed putra]

So much for work from home.

Singapore skyscrapers defy global commercial downturn​

Prime office rentals increased by 2.5%, while CBD occupancy reached 94.4% in the first half of 2023.
Bloomberg - 26 Jun 2023, 4:29pm
12Shares

Share

Singapore stands out as vacant skyscrapers in metropolises from New York to Hong Kong struggle to lure new tenants. (AP pic)
SINGAPORE: Singapore’s office towers are defying a global slowdown in commercial real estate, in a sign of the Asian hub’s continuing appeal.

Prime office rents in the city-state increased 2.5% in the first half of 2023. The overall occupancy level in the central business district in the second quarter reached 94.4%, edging up from the previous quarter, according to a report from Knight Frank Singapore.

 

[batman1]

Up Up Up ! All the way Up Up Up ! The sky is the limit !

 

[Rogue Trader]

They cannot stop inflating the balloon