PROPERTY MARKET STATISTICS

SINGAPORE - Category 1 Office Rental (from 2004)

(S$ per sq.ft. per month)

Source: REALIS by Urban Redevelopment Authority

Category 1 office space refers to office space in buildings located in core business areas in Downtown Core and Orchard Planning Area which are relatively modern or recently refurbished, command relativelyhigh rentals and have large floor plate size and gross floor area. The statistics are aggregated by date of contracts signed.  The leases may commence in the same month or with the next 12 monthsare conducted quarterly.  Owners or managing agents of the commercial developments are the respondents of these quarterly surveys.  However, vacancy of shophouses is obtained through field visits.