Here's what could derail the recovery in Singapore's office rental market

Geopolitical instability may be a serious threat.

According to Colliers International, downside risks that could potentially derail the office rental market’s nascent
recovery remain. For one, there are concerns over the severity of the US government shutdown as well as a possibility of a US debt default.

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In addition, the Eurozone still has a long battle against the high unemployment rate to regain a firmer economic footing.

There is also an air of caution over the impact of geopolitical instability in the Middle East and whether the US’s proposed military intervention in Syria could successfully switch to diplomacy.

An unexpected change in these events could toss the office property market into new turmoil.