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
    1.3519+0.0001+0.01%
    USDSGD=X
    1.4905+0.0063+0.42%
    EURSGD=X
    2.1026+0.0008+0.04%
    GBPSGD=X
    90.4441+0.1977+0.22%
    SGDJPY=X
    5.7351+0.00010.00%
    SGDHKD=X
    2.8023-0.00010.00%
    SGDMYR=X
    9,890.6670+1.624+0.02%
    SGDIDR=X
    4.6266+0.0353+0.77%
    SGDCNY=X
    1.0098-0.0011-0.10%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,166.90+3.40+0.29%
    GCQ15.CMX
    15.64+0.02+0.14%
    SIZ15.CMX
    62.65+1.28+2.08%
    ^XAU
    2.57-0.06-2.34%
    HGU15.CMX
    54.90-2.03-3.57%
    CLQ15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.65-0.06
    ^FVX
    2.39-0.02
    ^TNX
    3.190.00
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.305+0.005+1.67%
    5WA.SI
    0.158+0.002+1.28%
    5DN.SI
    2.50-0.03-1.19%
    MC0.SI
    0.90-0.01-1.10%
    G13.SI
    0.725-0.025-3.33%
    N21.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.595+0.045+8.18%
    AWK.SI
    0.135+0.008+6.30%
    D3W.SI
    0.51+0.03+6.25%
    AZZ.SI
    0.51+0.02+5.15%
    P19.SI
    0.145+0.007+5.07%
    K2P.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.14-0.04-20.45%
    PH0.SI
    0.193-0.047-19.58%
    MR8.SI
    0.93-0.20-17.70%
    AXL.SI
    0.091-0.018-16.51%
    5PO.SI
    0.20-0.02-11.11%
    5WJ.SI