Search results: grade b building

The shortage of new supply was recorded again in the third quarter of 2019 in the ready-built villa and townhouse segment despite high expectation for the launch of large-scale projects. However, due to many unexpected reasons, these projects have been delayed until the end of 2019.

The improvement in performance was observed across Grade A and Grade B buildings, because of stable predicted growth in the economy and the city’s ever improving infrastructure in the form of metro lines. Projected Rental growth in 2018–2020 is a result of continuing appetite for quality supply.

2017 witnessed the office market bustling with new supply and healthy absorption. 2018 onwards will witness the market coming up with better supply albeit at a slower pace than 2017. Rental growth will increase at a slower pace as existing supply will remedy their rents more strategically while vacancy rate will surge up momentarily before dropping down just as quick as the market will continue its healthy absorption momentum with new supply