Square Foot Research Singapore

Sep 13 - Hungry for Less

Sep 13 - Hungry for Less

Shoebox Rental

Rental market remains buoyant in 1H13 with shoebox units more than doubled in rental volume compared to a year ago. The surge in rental demand for shoebox units is attributed to newly completed projects in 2H12, suggesting a pent-up demand for such units in the rental market. The Central Region saw a higher rental take-up rate compared to the Outside of Central Region. In a handful of projects, more than 80% of all available shoebox units found tenants within a year of completion.

  Sep 13 Hungry for Less, Pent-up Rental Demand for Shoebox Units

CONTACT US

For enquiries, drop us an email at This email address is being protected from spambots. You need JavaScript enabled to view it.

For support, contact us at This email address is being protected from spambots. You need JavaScript enabled to view it.