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Office: central versus fringe, vacancies, rentals and supply

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Office rents are 52% above their 1996 peak and level with the 2024 high

FreeLine chart

Office rents are 52% above their 1996 peak and level with the 2024 high

Rent index of private office space, Central Region, 1998 Q4 = 100. URA via SingStat, 1993 Q2 to 2026 Q2.

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Office rents are 52% above their 1996 peak and level with the 2024 highRent index of private office space, Central Region, 1998 Q4 = 100. URA via SingStat, 1993 Q2 to 2026 Q2.8012016020019962000200420082012201620202024Office rent: 1993-Q2 to 2026-Q2Office rent, 2026 Q2: 202Office rent1993-Q2: Office rent 931993-Q3: Office rent 871993-Q4: Office rent 861994-Q1: Office rent 871994-Q2: Office rent 891994-Q3: Office rent 941994-Q4: Office rent 961995-Q1: Office rent 1081995-Q2: Office rent 1151995-Q3: Office rent 1221995-Q4: Office rent 1261996-Q1: Office rent 1311996-Q2: Office rent 1331996-Q3: Office rent 1311996-Q4: Office rent 1281997-Q1: Office rent 1271997-Q2: Office rent 1261997-Q3: Office rent 1241997-Q4: Office rent 1211998-Q1: Office rent 1171998-Q2: Office rent 1111998-Q3: Office rent 1051998-Q4: Office rent 1001999-Q1: Office rent 961999-Q2: Office rent 921999-Q3: Office rent 901999-Q4: Office rent 912000-Q1: Office rent 932000-Q2: Office rent 972000-Q3: Office rent 1002000-Q4: Office rent 1022001-Q1: Office rent 1042001-Q2: Office rent 1042001-Q3: Office rent 1012001-Q4: Office rent 942002-Q1: Office rent 922002-Q2: Office rent 882002-Q3: Office rent 852002-Q4: Office rent 832003-Q1: Office rent 802003-Q2: Office rent 782003-Q3: Office rent 752003-Q4: Office rent 742004-Q1: Office rent 732004-Q2: Office rent 742004-Q3: Office rent 762004-Q4: Office rent 762005-Q1: Office rent 782005-Q2: Office rent 792005-Q3: Office rent 812005-Q4: Office rent 862006-Q1: Office rent 882006-Q2: Office rent 942006-Q3: Office rent 1012006-Q4: Office rent 1122007-Q1: Office rent 1242007-Q2: Office rent 1382007-Q3: Office rent 1582007-Q4: Office rent 1752008-Q1: Office rent 1882008-Q2: Office rent 2002008-Q3: Office rent 1982008-Q4: Office rent 1852009-Q1: Office rent 1662009-Q2: Office rent 1532009-Q3: Office rent 1462009-Q4: Office rent 1422010-Q1: Office rent 1422010-Q2: Office rent 1442010-Q3: Office rent 1522010-Q4: Office rent 1592011-Q1: Office rent 1682011-Q2: Office rent 1712011-Q3: Office rent 1722011-Q4: Office rent 1732012-Q1: Office rent 1722012-Q2: Office rent 1712012-Q3: Office rent 1712012-Q4: Office rent 1712013-Q1: Office rent 1702013-Q2: Office rent 1712013-Q3: Office rent 1722013-Q4: Office rent 1732014-Q1: Office rent 1772014-Q2: Office rent 1822014-Q3: Office rent 1872014-Q4: Office rent 1902015-Q1: Office rent 1912015-Q2: Office rent 1862015-Q3: Office rent 1812015-Q4: Office rent 1772016-Q1: Office rent 1742016-Q2: Office rent 1682016-Q3: Office rent 1662016-Q4: Office rent 1632017-Q1: Office rent 1572017-Q2: Office rent 1562017-Q3: Office rent 1592017-Q4: Office rent 1632018-Q1: Office rent 1682018-Q2: Office rent 1702018-Q3: Office rent 1752018-Q4: Office rent 1762019-Q1: Office rent 1752019-Q2: Office rent 1772019-Q3: Office rent 1762019-Q4: Office rent 1702020-Q1: Office rent 1692020-Q2: Office rent 1692020-Q3: Office rent 1612020-Q4: Office rent 1562021-Q1: Office rent 1612021-Q2: Office rent 1632021-Q3: Office rent 1572021-Q4: Office rent 1582022-Q1: Office rent 1612022-Q2: Office rent 1652022-Q3: Office rent 1682022-Q4: Office rent 1772023-Q1: Office rent 1862023-Q2: Office rent 1902023-Q3: Office rent 2002023-Q4: Office rent 2002024-Q1: Office rent 1972024-Q2: Office rent 2032024-Q3: Office rent 2022024-Q4: Office rent 2002025-Q1: Office rent 2012025-Q2: Office rent 2002025-Q3: Office rent 2002025-Q4: Office rent 2012026-Q1: Office rent 2002026-Q2: Office rent 202

Source: URA via SingStat. Data to 2026 Q2.

Licence: green class (Singapore Open Data Licence).

View the data as a table
Office rents are 52% above their 1996 peak and level with the 2024 high
PeriodOffice rent
1993-Q293
1993-Q387
1993-Q486
1994-Q187
1994-Q289
1994-Q394
1994-Q496
1995-Q1108
1995-Q2115
1995-Q3122
1995-Q4126
1996-Q1131
1996-Q2133
1996-Q3131
1996-Q4128
1997-Q1127
1997-Q2126
1997-Q3124
1997-Q4121
1998-Q1117
1998-Q2111
1998-Q3105
1998-Q4100
1999-Q196
1999-Q292
1999-Q390
1999-Q491
2000-Q193
2000-Q297
2000-Q3100
2000-Q4102
2001-Q1104
2001-Q2104
2001-Q3101
2001-Q494
2002-Q192
2002-Q288
2002-Q385
2002-Q483
2003-Q180
2003-Q278
2003-Q375
2003-Q474
2004-Q173
2004-Q274
2004-Q376
2004-Q476
2005-Q178
2005-Q279
2005-Q381
2005-Q486
2006-Q188
2006-Q294
2006-Q3101
2006-Q4112
2007-Q1124
2007-Q2138
2007-Q3158
2007-Q4175
2008-Q1188
2008-Q2200
2008-Q3198
2008-Q4185
2009-Q1166
2009-Q2153
2009-Q3146
2009-Q4142
2010-Q1142
2010-Q2144
2010-Q3152
2010-Q4159
2011-Q1168
2011-Q2171
2011-Q3172
2011-Q4173
2012-Q1172
2012-Q2171
2012-Q3171
2012-Q4171
2013-Q1170
2013-Q2171
2013-Q3172
2013-Q4173
2014-Q1177
2014-Q2182
2014-Q3187
2014-Q4190
2015-Q1191
2015-Q2186
2015-Q3181
2015-Q4177
2016-Q1174
2016-Q2168
2016-Q3166
2016-Q4163
2017-Q1157
2017-Q2156
2017-Q3159
2017-Q4163
2018-Q1168
2018-Q2170
2018-Q3175
2018-Q4176
2019-Q1175
2019-Q2177
2019-Q3176
2019-Q4170
2020-Q1169
2020-Q2169
2020-Q3161
2020-Q4156
2021-Q1161
2021-Q2163
2021-Q3157
2021-Q4158
2022-Q1161
2022-Q2165
2022-Q3168
2022-Q4177
2023-Q1186
2023-Q2190
2023-Q3200
2023-Q4200
2024-Q1197
2024-Q2203
2024-Q3202
2024-Q4200
2025-Q1201
2025-Q2200
2025-Q3200
2025-Q4201
2026-Q1200
2026-Q2202
Topic
Office: central versus fringe, vacancies, rentals and supply
Segment
Commercial and industrial
Chart type
Line chart
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Office: central versus fringe, vacancies, rentals and supply

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Previous chartSince 2021 the central office price index has fallen below the fringe indexNext chartOffice rents beat their old peaks in 2008 and 2024; prices never passed 1996