The central business district of Singapore. Photo: Bloomberg The central business district of Singapore. Photo: Bloomberg
The central business district of Singapore. Photo: Bloomberg
Asia Tech

Singapore’s commercial rents soar to close gap with Hong Kong as Alibaba, ByteDance, Tencent open offices in Southeast Asia’s hub

  • The gap peaked in 2017, when Hong Kong office rents equalled 173 per cent of the rents charged in Singapore, according to Cushman & Wakefield
  • Narrowed gap ‘creates a positive opportunity for Hong Kong, as it becomes more competitive’

Topic |   Asia Tech
The central business district of Singapore. Photo: Bloomberg The central business district of Singapore. Photo: Bloomberg
The central business district of Singapore. Photo: Bloomberg
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