CBD Grade A office occupancy rate edges up to 94.1%

It's the highest in almost 2 years.

According to Colliers International, business sentiment in Singapore remained generally positive on the back of intermittent positive economic news in 4Q 2012 as a result of a slew of stimulating measures implemented across the globe to spur economic growth.

Supported by healthy demand from tenants relocating to quality office space, the average occupancy rate of CBD Grade A office space strengthened further from 93.1% in 3Q 2012 to 94.1% in 4Q 2012, the highest level in almost two years.

"The increase in occupancy helped moderate the decline in rent for CBD Grade A office space to 0.6% QoQ, the slowest pace of decline since the market headed south a year ago," Colliers said.



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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3772-0.0044-0.32%
    USDSGD=X
    1.5340-0.0046-0.30%
    EURSGD=X
    1.9958-0.025-1.24%
    GBPSGD=X
    80.3420-0.101-0.13%
    SGDJPY=X
    5.6421+0.0185+0.33%
    SGDHKD=X
    2.9873+0.01+0.34%
    SGDMYR=X
    9,902.3379+35.1543+0.36%
    SGDIDR=X
    4.7812+0.018+0.38%
    SGDCNY=X
    0.9955+0.0031+0.32%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,219.30+2.60+0.21%
    GCQ16.CMX
    15.99-0.27-1.68%
    SIN16.CMX
    82.10+2.69+3.39%
    ^XAU
    2.09-0.02-0.92%
    HGN16.CMX
    49.77+0.44+0.89%
    CLN16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.37-0.01
    ^FVX
    1.84-0.01
    ^TNX
    2.64-0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.295+0.015+5.36%
    N21.SI
    1.81-0.01-0.28%
    MC0.SI
    6.04-0.01-0.17%
    H78.SI
    1.02+0.01+0.99%
    C22.SI
    0.55+0.02+3.77%
    5ME.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.55+0.10+22.22%
    BQP.SI
    0.165+0.015+10.00%
    K22.SI
    1.65+0.15+10.00%
    BAI.SI
    0.29+0.03+9.43%
    A30.SI
    0.39+0.03+8.33%
    CZ4.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.50-0.09-15.25%
    AYB.SI
    0.435-0.060-12.12%
    AYV.SI
    0.305-0.040-11.59%
    BBP.SI
    0.152-0.019-11.11%
    BEH.SI
    0.285-0.035-10.94%
    S19.SI