General Announcement::Summons to Answer Charges Against BP E&C for Contravention of the Air Navigation Act marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
The Straits Times
BP-Dojo developed and owns Alice@Mediapolis, a smart eco-sustainable business park development .PHOTO: BOUSTEAD PROJECTS
Rachel Mui
https://str.sg/JzW8
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Boustead Projects bags S$130m green loan from UOB businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
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The work from home trend could be bad news for Singapore’s office landlords
In today’s roundup of regional news headlines, Knight Frank issues a bearish forecast for Singapore office rents, official figures show a cooling China housing market, and Hong Kong’s first major property launch of the year draws a horde of eager buyers.
Property consultancy Knight Frank is expecting office rents in Singapore to fall by around 5 percent in 2021 before bottoming out and recovering in the following year, barring new strains of the COVID-19 virus and consequent lockdowns.
This comes amid a projected 5.3 million square feet of new supply islandwide from Q4 2020 to 2023, with central business district occupancy for the period estimated to hit 94.1 percent and overall prime office rents to average S$10.16 ($7.62) per square foot per month.