Chart of the Day: Office supply pipeline to hit 4.3 million sqft by 2024

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No Pre-committed rates for most buildings in the CBD for 20201 are deemed healthy. This chart from EDMUND TIE showed that the total supply pipeline from Q2 to 2024 is estimated at around 4.3 million sqft (or 905,000 sqft per annum), with most of the supply expected to be completed by 2022. In 2021, pre-committed rates for most buildings in the CBD are healthy. For instance, CapitaSpring currently has a pre-committed rate of around 35%, comprising tenants such as The Work Project and J.P. Morgan. read more