Chart of the Day: Check out how much office space is in the pipeline until 2021
There is a total supply of 826,000 sqm of GFA.
A lot of office spaces are in the pipeline for the next four years, figures from the Urban Redevelopment Authority showed.
According to URA, 97,000 sqm of office space was completed in the first quarter of this year, and there is 267,000 sqm more to come.
For next year, there is already 187,000 sqm of space in the pipeline.
Until 2021, there is a total supply of about 826,000 sqm gross floor area (GFA) of office space in the pipeline.