singapore business park vacancy rate
Business park rents in this Singaporean submarket rose for the first time since 2018
Business park rents in this Singaporean submarket rose for the first time since 2018
Rents grew 1.4% in the last quarter of 2022.
Singapore business park vacancy rate rises to 16.8% in Q4
Supply still outpaced demand during the quarter.
Singapore business park space vacancies at a record low of 14.4% in Q1
This is the lowest vacancy rate since Q4 2020.
Why it is still challenging to find tenants in Singapore’s business parks
The vacancy rate in the East Planning Region business parks increased to 21.5% in 4Q21.
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