COTD: Office Vacancy Rate up 11.0% QoQ in Q3
COTD: Office Vacancy Rate up 11.0% QoQ in Q3
As of the end of Q3, there was a total supply of about 903,000 sq m GFA of office space in the pipeline, compared with the 1,011,000 sq m GFA of office space in Q2.Office space occupancy declined by 3,000 sq m (nett) in Q3.
第三季度办公空间净出租面积下降了3,000平方米。
In Q3, office space occupancy increased by 17,000 sq m (nett), compared with a decrease of 20,000 sq m (nett) in Q2, the Urban Redevelopment Authority (URA) reported.
在第三季度，办公空间的入住面积净增加了17,000平方米，相比之下，在第二季度减少了20,000平方米净面积，城市重建局（URA）报告。
Meanwhile, the stock of office space rose by 36,000 sq m (nett), which increased the island-wide vacancy rate to 11.0% quarter-on-quarter (QoQ), from 10.8% in Q2.
与此同时，办公空间存量增加了36,000平方米，使得整个岛内的空置率从第二季度的10.8%上升至季度环比11.0%。
As of the end of Q3, there was a total supply of about 903,000 sq m GFA of office space in the pipeline, compared with the 1,011,000 sq m GFA of office space in Q2.
截至第三季度末，管道中的办公空间总供应量约为903,000平方米GFA，而第二季度的办公空间总供应量为1,011,000平方米GFA。
In addition, the increase in office space prices dropped to 0.6% QoQ from 3.1% in Q2. Rentals also dropped to 0.5% QoQ from 3.1% previously.
此外，办公空间价格的增幅从第二季度的3.1%下降至季度环比0.6%。租金也从之前的3.1%下降至季度环比0.5%。
