Chart of the Day: Office space prices down 1.4% in Q2

Rentals also fell by 1.1% in the said quarter.

The prices of office spaces in Singapore decreased by 1.4% in the second quarter, easing from the 4% decline in the previous quarter.

According to the recent estimates from the Urban Redevelopment Authority (URA), this came as the rentals of office spaces fell by 1.1%, moderating from the decline of 3.4% in the preceding quarter.

The office price index went down from 129.3 in the past quarter to 127.5, whilst rental index slumped 157.3 to 155.6.
 

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