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Singapore CBD office net demand turns positive but vacancies rise again
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Net supply amounted to nearly 359,000 sq ft in the first half of 2021, from zero in the second half of 2020.
PHOTO: ST FILE
Fiona Lam
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SINGAPORE (THE BUSINESS TIMES) - The full-year net demand for Grade A office space in Singapore's Central Business District (CBD) for this year is likely to be up to six times that of the previous one, Cushman & Wakefield forecast.
This comes as net demand in the first half of this year turned positive, at 68,000 sq ft, going by data from the real estate consultancy.
