JLL: Grade A office vacancy rate in Singapore of 6.0%, with supply pipeline of 12.6% at end of 2Q15
In its Global Market Perspective for Q315, Jones Lang Lasalle IP Inc. (JLL) noted that the vacancy rate for Grade A office space in Singapore was 6.0%, and that there is a supply pipeline (completions in 2015-16 relative to existing stock) of 12.6%. Over the last year, rents have risen by 0.5% and capital values have not changed. Prime yields in 2Q15 were 4.0%.
Source : August 2015/JLL/Singapore/OFF