Business park rents rise 0.2% QoQ

Demand for the property was driven by technology and biomedical firms.

Business parks saw some rental growth in Q2, rising 0.2% QoQ, data from Colliers showed.

According to the property expert, demand for business parks was driven by knowledge and high-value sectors such as technology and biomedical firms.

Whilst rents grew, occupancy still dropped by 50 percentage points during the quarter.

Colliers, however, clarified that the drop was on the pack of an increase in business park stock.

For the rest of 2022, Colliers said new and higher specialisation developments in the city fringe will push up rents for business parks.

Follow the link for more news on

Colliers

Singapore business park rents

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia