Office vacancy swung from 6% to 19% before 2013. Since then it has stayed between 9% and 15%
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Office vacancy swung from 6% to 19% before 2013. Since then it has stayed between 9% and 15%
Vacancy rate of private office space, per cent (vacant space divided by available space). URA via SingStat, 1993 Q2 to 2026 Q2.
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Since 2013 vacancy has stayed between 9.1% and 14.5%; the average since 1993 is 12.0%. Rents hit a new high in 2024 Q2 with about a tenth of all space empty.
Source: URA and JTC via SingStat. Private office space vacant divided by available. Data to 2026 Q2.
Licence: green class (Singapore Open Data Licence).
View the data as a table
| Period | Vacancy |
|---|---|
| 1993-Q2 | 11.8% |
| 1993-Q3 | 11.6% |
| 1993-Q4 | 10.6% |
| 1994-Q1 | 10.0% |
| 1994-Q2 | 8.4% |
| 1994-Q3 | 8.1% |
| 1994-Q4 | 8.0% |
| 1995-Q1 | 7.4% |
| 1995-Q2 | 6.5% |
| 1995-Q3 | 5.9% |
| 1995-Q4 | 9.8% |
| 1996-Q1 | 10.3% |
| 1996-Q2 | 9.4% |
| 1996-Q3 | 8.7% |
| 1996-Q4 | 9.2% |
| 1997-Q1 | 10.6% |
| 1997-Q2 | 11.3% |
| 1997-Q3 | 12.5% |
| 1997-Q4 | 12.1% |
| 1998-Q1 | 13.1% |
| 1998-Q2 | 13.6% |
| 1998-Q3 | 15.1% |
| 1998-Q4 | 16.0% |
| 1999-Q1 | 16.1% |
| 1999-Q2 | 16.2% |
| 1999-Q3 | 16.1% |
| 1999-Q4 | 15.3% |
| 2000-Q1 | 13.8% |
| 2000-Q2 | 13.5% |
| 2000-Q3 | 12.1% |
| 2000-Q4 | 11.7% |
| 2001-Q1 | 10.5% |
| 2001-Q2 | 11.0% |
| 2001-Q3 | 11.0% |
| 2001-Q4 | 11.2% |
| 2002-Q1 | 12.4% |
| 2002-Q2 | 13.9% |
| 2002-Q3 | 14.2% |
| 2002-Q4 | 15.7% |
| 2003-Q1 | 16.6% |
| 2003-Q2 | 17.3% |
| 2003-Q3 | 17.8% |
| 2003-Q4 | 18.6% |
| 2004-Q1 | 18.4% |
| 2004-Q2 | 17.8% |
| 2004-Q3 | 17.1% |
| 2004-Q4 | 16.6% |
| 2005-Q1 | 15.5% |
| 2005-Q2 | 14.6% |
| 2005-Q3 | 13.6% |
| 2005-Q4 | 13.1% |
| 2006-Q1 | 12.3% |
| 2006-Q2 | 12.9% |
| 2006-Q3 | 10.6% |
| 2006-Q4 | 10.5% |
| 2007-Q1 | 9.3% |
| 2007-Q2 | 7.7% |
| 2007-Q3 | 6.9% |
| 2007-Q4 | 6.8% |
| 2008-Q1 | 7.3% |
| 2008-Q2 | 7.6% |
| 2008-Q3 | 8.3% |
| 2008-Q4 | 9.2% |
| 2009-Q1 | 10.2% |
| 2009-Q2 | 11.5% |
| 2009-Q3 | 13.4% |
| 2009-Q4 | 13.3% |
| 2010-Q1 | 13.7% |
| 2010-Q2 | 13.5% |
| 2010-Q3 | 14.5% |
| 2010-Q4 | 13.3% |
| 2011-Q1 | 13.4% |
| 2011-Q2 | 13.7% |
| 2011-Q3 | 12.8% |
| 2011-Q4 | 12.5% |
| 2012-Q1 | 12.7% |
| 2012-Q2 | 11.8% |
| 2012-Q3 | 10.5% |
| 2012-Q4 | 10.3% |
| 2013-Q1 | 10.0% |
| 2013-Q2 | 9.5% |
| 2013-Q3 | 10.4% |
| 2013-Q4 | 10.8% |
| 2014-Q1 | 10.9% |
| 2014-Q2 | 10.6% |
| 2014-Q3 | 9.1% |
| 2014-Q4 | 11.2% |
| 2015-Q1 | 11.1% |
| 2015-Q2 | 10.5% |
| 2015-Q3 | 10.3% |
| 2015-Q4 | 10.1% |
| 2016-Q1 | 10.0% |
| 2016-Q2 | 9.9% |
| 2016-Q3 | 11.2% |
| 2016-Q4 | 12.1% |
| 2017-Q1 | 12.7% |
| 2017-Q2 | 13.6% |
| 2017-Q3 | 14.5% |
| 2017-Q4 | 13.7% |
| 2018-Q1 | 13.7% |
| 2018-Q2 | 13.4% |
| 2018-Q3 | 13.0% |
| 2018-Q4 | 13.2% |
| 2019-Q1 | 12.7% |
| 2019-Q2 | 12.4% |
| 2019-Q3 | 11.4% |
| 2019-Q4 | 11.4% |
| 2020-Q1 | 11.8% |
| 2020-Q2 | 13.1% |
| 2020-Q3 | 12.8% |
| 2020-Q4 | 12.7% |
| 2021-Q1 | 12.9% |
| 2021-Q2 | 13.6% |
| 2021-Q3 | 14.0% |
| 2021-Q4 | 13.8% |
| 2022-Q1 | 13.8% |
| 2022-Q2 | 12.9% |
| 2022-Q3 | 12.6% |
| 2022-Q4 | 12.2% |
| 2023-Q1 | 11.9% |
| 2023-Q2 | 11.3% |
| 2023-Q3 | 10.4% |
| 2023-Q4 | 10.3% |
| 2024-Q1 | 10.1% |
| 2024-Q2 | 11.4% |
| 2024-Q3 | 11.6% |
| 2024-Q4 | 11.1% |
| 2025-Q1 | 12.5% |
| 2025-Q2 | 11.9% |
| 2025-Q3 | 11.5% |
| 2025-Q4 | 11.3% |
| 2026-Q1 | 10.9% |
| 2026-Q2 | 11.2% |
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