What's New In Property

Signs show office market heading towards inflection point

The Singapore economy grew by 0.8 per cent year-on-year in the fourth quarter of last year, with full-year gross domestic product growth coming in at 0.7 per cent, according to advance estimates.

Despite the subdued growth, employment in the office sector rose by 11,100 in the third quarter, a significant increase from the 6,000 added in the preceding quarter.

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A version of this article appeared in the print edition of The Sunday Times on January 12, 2020, with the headline 'Signs show office market heading towards inflection point'. Subscribe