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
    1.3773+0.0016+0.12%
    USDSGD=X
    1.5063+0.0026+0.18%
    EURSGD=X
    2.1434-0.0025-0.12%
    GBPSGD=X
    90.2387-0.039-0.04%
    SGDJPY=X
    5.6287-0.0077-0.14%
    SGDHKD=X
    2.7744-0.0095-0.34%
    SGDMYR=X
    9,816.4922-9.0615-0.09%
    SGDIDR=X
    4.5104-0.0028-0.06%
    SGDCNY=X
    1.0016-0.0013-0.13%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,082.00-6.40-0.59%
    GCV15.CMX
    14.61-0.13-0.87%
    SIZ15.CMX
    46.64-1.73-3.57%
    ^XAU
    2.40+0.01+0.25%
    HGG16.CMX
    48.16-0.36-0.74%
    CLU15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.62+0.01
    ^FVX
    2.27-0.01
    ^TNX
    2.95-0.03
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.44-0.08-15.38%
    N21.SI
    2.33-0.17-6.80%
    MC0.SI
    0.315-0.005-1.56%
    E5H.SI
    0.135-0.004-2.88%
    5DN.SI
    4.05-0.06-1.46%
    Z74.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.215+0.025+13.16%
    AWQ.SI
    0.23+0.02+6.98%
    GG7.SI
    0.112+0.007+6.67%
    41T.SI
    0.32+0.02+6.67%
    B49.SI
    0.19+0.01+6.15%
    Y08.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.215-0.060-21.82%
    5UO.SI
    0.41-0.08-16.33%
    BBP.SI
    0.32-0.05-13.51%
    Y35.SI
    0.44-0.08-15.38%
    N21.SI
    0.215-0.030-12.24%
    5GD.SI