Savills data show office capital values rising in the third quarter for Singapore, while in Hong Kong, values dipped slightly.
The third quarter contrasts with recent performance for both cities, as Hong Kong has substantially outperformed Singapore since 2013. However rents in Hong Kong continued to climb, whereas Singapore’s remained largely flat.
Elsewhere, office rents and capital values continued to climb in Sydney and Tokyo. In China Beijing has outperformed Shanghai this year in terms of growth in both rents and values.