There is strong demand in the Australian cities of Melbourne and Sydney, as well as in Bangalore in India and Bangkok, especially in their central business districts (CBDs).\u00a0Other cities such as Ho Chi Minh City, Manila and Hong Kong continue to hold steady in terms of rental outlook, the survey found.\u00a0Among the top sectors fuelling the demand for office space in 2017 are technology, professional services, pharmaceutical and real-estate businesses.<\/p>\n
It has been reported that seven of the top 10 technology firms globally have set up their regional headquarters in Singapore, with 57 per cent of the offices in the island-state\u2019s CBD.\u00a0There is also strong government support for the technology sector in the Lion City, with the launch of the \u201cSmart Nation\u201d initiative in 2014.<\/p>\n
Melbourne is another forerunner, with more than half of Australia\u2019s top 20 technology companies located in the city and several high-profile Silicon Valley companies having opened their Asia-Pacific headquarters there.<\/p>\n
Read more: Nationmultimedia.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" There is strong demand in the Australian cities of Melbourne and Sydney, as well as in Bangalore in India and Bangkok, especially in their central business districts (CBDs).\u00a0Other cities such as Ho Chi Minh City, Manila and Hong Kong continue to hold steady in terms of rental outlook, the survey found.\u00a0Among the top sectors fuelling\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,15,11],"tags":[154,99],"class_list":["post-1091","post","type-post","status-publish","format-standard","hentry","category-city","category-international","category-others","tag-asia-pacific","tag-office-demand"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=1091"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1091\/revisions"}],"predecessor-version":[{"id":1092,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1091\/revisions\/1092"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=1091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=1091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=1091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}