2022 Half-Year Results
Singapore Portfolio - Office
Positive rental reversions
One Raffles Quay, Singapore
| Investment Properties | 2022 Half-Year Results
Average Rents & Vacancy
1H 2021 2H 2021
1H 2022
Average gross rent
10.2
10.3
10.5
(S$ psf/month)
Period-end vacancy
7.5%
6.5%
4.7%
Weighted average lease expiry
3.6
3.4
3.3
(years)
Note: On a committed basis, vacancy at the end of June 2022 was 3.0%
Expiration & Interim Rent Revisions
2H 2022
2023
2024
MBFC, Singapore
Total lettable office area subject
to expiration/rent revisions
111
273
330
('000 sq. ft)
% of area subject to
7%
17%
20%
expiration/rent revisions
-
WE HAFFLES DAY
Expiration
7%
16%
20%
Rent revisions
0%
1%
0%
Average expiring net rent
10.0
10.6
10.5
(S$ psf/month)
One Raffles Quay, Singapore
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