Singapore’s office market showed resilience in Q1 2026 , with rents rising and occupancy tightening in prime CBD areas, despite ongoing geopolitical uncertainties. Prime CBD Rents Edge Higher Office rents in the Raffles Place / Marina Bay precinct increased 0.7% QoQ to S$11.57 psf/month , supported by strong demand for premium space. Occupancy surged to 97% , up 1.3 ppt QoQ and 2.0 ppt YoY Overall CBD occupancy remained healthy at 94.7% This reflects continued preference for high-quality Grade A office assets . Flight to Quality Drives Demand Leasing activity remains concentrated in newer and higher-grade buildings , driven by: Renewals and upgrades Corporate consolidation strategies Demand for modern, efficient workspaces This “flight to quality” trend is supporting rental resilience in prime districts . Decentralised Offices Face Pressure In contrast, fringe and decentralised office locations are...
KUALA LUMPUR (June 7): The FBM KLCI fell slightly today as investor sentiment was affected by foreign institutional funds becoming more risk averse, amid the Middle East political rift and ahead of events like the UK general election, European Central Bank policy meeting and former FBI director James Comey's Senate testimony.
The benchmark index settled at the day’s low of 1,785.92, down 5.09 points or 0.28% from yesterday. Its intra-day high was 1,792.65.
Mercury Securities Sdn Bhd head of research Edmund Tham said there was some profit taking in the market, as some investors do not see substantial upside to their investment.
“Investors are waiting for more clarity from these events, especially the foreign funds, they are more sensitive to global news development,” he told theedgemarkets.com.
“So when there is uncertainty, the KLCI would be capped and some local investors will be affected by this kind of sentiment and start taking profit,” he said.
Reuters reported other Southeast Asian stock markets were up today, as investors priced in chances of a victory for the ruling party in the UK election and a rate increase by the U.S. Federal Reserve next week.
Elsewhere, Japan’s Nikkei inched up 0.02%, while Hong Kong Hang Seng index declined 0.09%, and South Korea’s Kospi fell 0.36%.
Over at Bursa Malaysia, total volume stood at 2.36 billion shares, worth some RM2.36 billion. There were 395 gainers versus 459 losers, while 390 counters remained unchanged.
Top gainers included Nestle (M) Bhd, while the biggest loser was Bursa Malaysia Bhd. Frontken Corp Bhd was the most actively-traded counter, with 151.75 million shares exchanging hands.
The ringgit strengthened against the U.S. dollar, trading at 4.2645 at the time of writing.
Source: The Edge
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