The skyline of the financial district reflected in a lotus pond at the ArtScience Museum in Singapore on 17 November 2020. Photo: EPA-EFE The skyline of the financial district reflected in a lotus pond at the ArtScience Museum in Singapore on 17 November 2020. Photo: EPA-EFE
The skyline of the financial district reflected in a lotus pond at the ArtScience Museum in Singapore on 17 November 2020. Photo: EPA-EFE

Can Singapore’s office rents outprice Hong Kong as Alibaba, ByteDance, Tencent set up shop in rival financial hub?

  • The average monthly rent for Singapore’s grade A office space may drop by 6 per cent this year to S$9.01 per square foot, according to Cushman & Wakefield
  • In Hong Kong, average office rent in the Central district may fall by between 5 per cent and 10 per cent this year, according to JLL

Topic |   International Property
The skyline of the financial district reflected in a lotus pond at the ArtScience Museum in Singapore on 17 November 2020. Photo: EPA-EFE The skyline of the financial district reflected in a lotus pond at the ArtScience Museum in Singapore on 17 November 2020. Photo: EPA-EFE
The skyline of the financial district reflected in a lotus pond at the ArtScience Museum in Singapore on 17 November 2020. Photo: EPA-EFE
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