Office Market Update Q3 2024
Efficiency from flexible working results in reduced space upon renewal or relocation
02 January 2025
Key Highlights
- In tandem, landlords are becoming more negotiable, prioritising occupancies in the uncertain economic climate.
- The city-state also remained attractive among companies in the investment and wealth management sectors, with many citing Singapore as a stable and modern established gateway city.
- On the domestic front, the office leasing market is unlikely to witness substantial relocation, except for natural lease expiries by large space users.
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