singapore retail rents

And Prime Suburban rents are likely to increase 2%.

Prime Suburban rents are also expected to rise by 2%. 

Q1 prime rents in the Orchard and Suburban areas increased 0.4% and 0.5%, respectively.

This is the lowest vacancy rate since Q3 2015.

The annual average is only expected to hit 560,000 sq ft.

Island-wide prime retail rents slipped 1.9% QoQ to S$25.70 psf pm in Q3.