JLL: Grade A rents up, values up in Singapore CBDs over year to 1Q15
According to Jones Lang LaSalle’s publication ‘The Office Index’ for 1Q15, average Grade A office rents in Singapore’s CBDs overall were USD806 per square metre per annum. In SGD terms, this represented growth of 1.2% qoq and 11.7% versus 1Q14. Average Grade A capital value was USD19,184 per square metre – or unchanged qoq and up 0.5% relative to 1Q14.
Source : 31 May 2015/JLL/Singapore/OFF