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
    1.3616+0.0035+0.25%
    USDSGD=X
    1.5286+0.005+0.33%
    EURSGD=X
    1.7628+0.0056+0.32%
    GBPSGD=X
    74.0490-0.073-0.10%
    SGDJPY=X
    5.6947-0.0108-0.19%
    SGDHKD=X
    3.0371+0.0103+0.34%
    SGDMYR=X
    9,606.9658-48.5674-0.50%
    SGDIDR=X
    4.9013-0.0053-0.11%
    SGDCNY=X
    1.0371+0.0021+0.20%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,338.70-3.00-0.22%
    GCZ16.CMX
    19.62-0.19-0.96%
    SIZ16.CMX
    95.76-3.02-3.05%
    ^XAU
    2.19-0.01-0.41%
    HGZ16.CMX
    43.85+0.41+0.94%
    CLV16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.15-0.02
    ^FVX
    1.62-0.02
    ^TNX
    2.34-0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.139+0.003+2.21%
    N21.SI
    0.74+0.02+2.78%
    BS6.SI
    0.144+0.001+0.70%
    5DM.SI
    0.270.000.00%
    5ME.SI
    0.445+0.025+5.95%
    5SO.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.197+0.015+8.24%
    43B.SI
    0.60+0.04+7.14%
    BDR.SI
    0.62+0.04+6.90%
    BMT.SI
    0.56+0.04+6.67%
    BJE.SI
    0.24+0.01+4.35%
    5RE.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.31-0.06-17.33%
    AZT.SI
    0.345-0.060-14.81%
    BLR.SI
    0.15-0.02-10.71%
    A04.SI
    0.123-0.013-9.56%
    5NF.SI
    0.171-0.018-9.52%
    AXH.SI