As of the second quarter of 2023, Singapore’s office rent market has stabilized, prompting a closer look at the future of office spaces.
Lindy Lim, associate director for tenant representation at Colliers Singapore, identified key factors impacting office leasing decisions in an interview with theShe highlighted easy access to train stations, nearby food options, landlord reputation, office condition, and space layout as crucial considerations for tenants.
Lim stressed that the company’s budget plays a crucial role in finalising the choice. “We can recommend and assess options to fit into the budget,” she added. “Singapore remains attractive due to its ease of doing business, excellent infrastructure providing connectivity, political neutrality and transparency, competitive tax rates, and a talent pool,” she said.
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