The Central Business District in Singapore, where prime office occupancy costs are more than two-thirds less than in Hong Kong’s Central district. Photo: Roy Issa
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Why Hong Kong’s office market has the edge over Singapore’s, despite the eye-popping rents in Central

  • While it’s easy to assume Hong Kong’s runaway prices and growing instability will benefit competitors, including the Lion City, that doesn’t take account of the city’s decentralised, mature office submarkets that Singapore has yet to fully develop

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The Central Business District in Singapore, where prime office occupancy costs are more than two-thirds less than in Hong Kong’s Central district. Photo: Roy Issa
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Nicholas Spiro

Nicholas Spiro

Nicholas Spiro is a partner at Lauressa Advisory, a specialist London-based real estate and macroeconomic advisory firm. He is an expert on advanced and emerging economies and a regular commentator on financial and macro-political developments.