Tuesday, January 5, 2010

Office rents down in 2009 and likely to keep falling in 2010, say analysts

 
 

Sent to you by MarcG via Google Reader:

 
 

via Lushhomemedia by luxuryasiahome on 12/30/09

Office rents in Singapore are down almost 50 per cent for the entire 2009 and observers said this is mainly due to the global economic crisis. But the fall is not cause for undue concern as it follows a 90 per cent spike in rents in 2008. However, analysts said there's room for rents to fall further [...]

 
 

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