singapore office rents
Vacancy crunch at 2.6% sends Grade A office rents to post-2022 peak
Vacancy crunch at 2.6% sends Grade A office rents to post-2022 peak
No new supply before 2028 as AI and financial firms compete for dwindling Grade A space.
AI giants expand in CBD whilst corporates stay put to avoid relocation costs
No new CBD supply until 2027 as Raffles Place rents reach $11.69 psf pm.
Office demand outpaces new CBD supply: reports
Only Shaw Tower is scheduled for major Grade A office completion in the CBD next year.
Singapore ranks 7th most expensive place for prime offices in APAC
Prime office rents stood at 33.7% in APAC.
Office space prices rise 3.1% in Q2
In Q2, occupancy decreased by 20,000 sq m.
Singapore Grade A office rents up by 0.7% after two quarters decline
Tight supply and renovation costs drive rent increase.
Record building completion to soften office rents in 2024
Savills expects rents to soften from -2% YoY to -3% YoY.
CBD Grade A office spaces vacancy rises to 7.4% in Q1
This is the second consecutive quarter that the vacancy rate increased.
What is driving demand in the office market?
The market is expected to post a full-year rental growth of around 3% to 5%.
Singapore “safe haven” reputation to prop up prime grade office rents
Full-year office rent growth will come between 3% up to 5%.
Chart of the day: CBD Grade A rents rises by 1.6% in Q2
Vacancy rates to tighten to 4%, an analyst said.
Office space rents rise 1.6% in Q122
The rent increase was higher than the previous quarter's record of 0.9%.
CBD Grade A office rents projected to grow 4.6% in 2022
SG's positive economic outlook pushed the office market this year.
SG office rents up as workplace revolution persists
Prime office rents rose 1.5% QoQ in the fourth quarter of 2021.
Read Here
Advertise
Sign Up
![[Singapore Business Review] Report on the Asian Business Channel](https://www.cmgassets.com/s3fs-public/styles/video_thumbnail/public/2026-10/full-show-thumbnail_1.png.webp?VersionId=bJbrT_JKOuMWBnf7YkmsWjOSWIXddSvY&itok=zWuxHRNG)
Commentary
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia
AI in hospitality: Where should Singapore’s F&B operators draw the line?