Central office prices fell 44% from 2000 to 2004 and 27.5% from 2019 to 2026

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Central office prices fell 44% from 2000 to 2004 and 27.5% from 2019 to 2026

Central Area office price index (4Q 1998 = 100), 1988 Q1 to 2026 Q2. Vacancy: private space vacant over available, from 1993 Q2.

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Central office prices fell 44% from 2000 to 2004 and 27.5% from 2019 to 2026Central Area office price index (4Q 1998 = 100), 1988 Q1 to 2026 Q2. Vacancy: private space vacant over available, from 1993 Q2.Central office, 2000-04: -43.8%. 2000 Q4 to 2004 Q1Central office, 2000-04Central office, 2000-04: -43.8%. 2000 Q4 to 2004 Q1-43.8%2000 Q4 to 2004 Q1Central office, 2019-26: -27.5%. 2019 Q2 to 2026 Q2Central office, 2019-26Central office, 2019-26: -27.5%. 2019 Q2 to 2026 Q2-27.5%2019 Q2 to 2026 Q2Office rent falls 10%+: 6. 1987 Q2 to 2026 Q2Office rent falls 10%+Office rent falls 10%+: 6. 1987 Q2 to 2026 Q261987 Q2 to 2026 Q2Record office vacancy: 18.6%. 2003 Q4; average 12.0%Record office vacancyRecord office vacancy: 18.6%. 2003 Q4; average 12.0%18.6%2003 Q4; average 12.0%

Source: URA via SingStat. Falls and the count of rent falls are the PropInsights calculation from quarterly data. Data to 2026 Q2.

Licence: green class (Singapore Open Data Licence).

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Central office prices fell 44% from 2000 to 2004 and 27.5% from 2019 to 2026
MeasureValueNote
Central office, 2000-04-43.8%2000 Q4 to 2004 Q1
Central office, 2019-26-27.5%2019 Q2 to 2026 Q2
Office rent falls 10%+61987 Q2 to 2026 Q2
Record office vacancy18.6%2003 Q4; average 12.0%
Topic
Office: central versus fringe, vacancies, rentals and supply
Segment
Commercial and industrial
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Office: central versus fringe, vacancies, rentals and supply

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