Business parks are 19.7% vacant, against 7.6% to 9.2% for other industrial space
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Business parks are 19.7% vacant, against 7.6% to 9.2% for other industrial space
Vacancy rate of private industrial space by type, per cent. Business parks from 2002 Q3. URA and JTC via SingStat.
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Business park vacancy peaked at 28.9% in 2010 Q4. Since 2013 it has stayed between 12.6% and 22.5%.
Source: URA and JTC via SingStat. Private industrial space vacant divided by available, by type, 1988 Q1 to 2026 Q2 (business parks from 2002 Q3). Data to 2026 Q2.
Licence: green class (Singapore Open Data Licence).
View the data as a table
| Period | Business park | Multi-user fact. | Warehouse | Single-user fact. |
|---|---|---|---|---|
| 1988-Q1 | 9.4% | 7.1% | 6.2% | |
| 1988-Q2 | 10.0% | 5.8% | 5.1% | |
| 1988-Q3 | 9.2% | 4.9% | 5.2% | |
| 1988-Q4 | 12.0% | 4.8% | 5.9% | |
| 1989-Q1 | 11.2% | 4.2% | 5.3% | |
| 1989-Q2 | 11.0% | 4.0% | 5.0% | |
| 1989-Q3 | 11.1% | 3.7% | 5.2% | |
| 1989-Q4 | 9.6% | 4.0% | 5.3% | |
| 1990-Q1 | 9.5% | 3.9% | 5.0% | |
| 1990-Q2 | 8.9% | 7.1% | 4.6% | |
| 1990-Q3 | 9.1% | 5.4% | 4.0% | |
| 1990-Q4 | 7.8% | 5.2% | 3.3% | |
| 1991-Q1 | 7.6% | 5.1% | 3.3% | |
| 1991-Q2 | 7.2% | 5.7% | 3.2% | |
| 1991-Q3 | 7.4% | 5.9% | 3.3% | |
| 1991-Q4 | 5.2% | 5.9% | 2.6% | |
| 1992-Q1 | 5.8% | 5.8% | 2.4% | |
| 1992-Q2 | 6.4% | 6.1% | 2.7% | |
| 1992-Q3 | 6.4% | 5.9% | 2.8% | |
| 1992-Q4 | 6.2% | 6.0% | 2.6% | |
| 1993-Q1 | 6.1% | 5.8% | 2.5% | |
| 1993-Q2 | 5.8% | 6.0% | 2.2% | |
| 1993-Q3 | 5.5% | 6.0% | 2.4% | |
| 1993-Q4 | 5.0% | 5.8% | 2.3% | |
| 1994-Q1 | 4.9% | 6.6% | 2.3% | |
| 1994-Q2 | 6.0% | 6.1% | 2.2% | |
| 1994-Q3 | 5.4% | 5.7% | 2.1% | |
| 1994-Q4 | 5.4% | 5.7% | 2.4% | |
| 1995-Q1 | 6.1% | 7.0% | 1.8% | |
| 1995-Q2 | 6.4% | 6.2% | 2.6% | |
| 1995-Q3 | 6.1% | 5.2% | 1.9% | |
| 1995-Q4 | 5.6% | 4.8% | 1.7% | |
| 1996-Q1 | 5.5% | 5.4% | 1.9% | |
| 1996-Q2 | 5.3% | 6.0% | 2.0% | |
| 1996-Q3 | 6.6% | 5.5% | 2.3% | |
| 1996-Q4 | 7.0% | 7.1% | 2.3% | |
| 1997-Q1 | 8.1% | 7.8% | 3.0% | |
| 1997-Q2 | 7.9% | 7.5% | 3.7% | |
| 1997-Q3 | 7.9% | 7.9% | 5.0% | |
| 1997-Q4 | 9.1% | 8.8% | 6.1% | |
| 1998-Q1 | 11.2% | 9.3% | 7.0% | |
| 1998-Q2 | 12.2% | 11.6% | 7.3% | |
| 1998-Q3 | 13.4% | 13.5% | 8.5% | |
| 1998-Q4 | 14.6% | 13.0% | 8.4% | |
| 1999-Q1 | 13.5% | 13.7% | 8.0% | |
| 1999-Q2 | 13.1% | 14.8% | 8.0% | |
| 1999-Q3 | 12.2% | 14.5% | 7.8% | |
| 1999-Q4 | 14.5% | 12.8% | 7.5% | |
| 2000-Q1 | 13.6% | 13.0% | 7.4% | |
| 2000-Q2 | 13.2% | 12.9% | 6.6% | |
| 2000-Q3 | 12.0% | 12.4% | 6.7% | |
| 2000-Q4 | 10.6% | 11.9% | 6.4% | |
| 2001-Q1 | 10.7% | 12.1% | 6.5% | |
| 2001-Q2 | 12.5% | 11.1% | 6.9% | |
| 2001-Q3 | 13.3% | 10.1% | 7.0% | |
| 2001-Q4 | 13.2% | 12.0% | 6.9% | |
| 2002-Q1 | 15.2% | 12.5% | 7.8% | |
| 2002-Q2 | 16.1% | 13.1% | 8.8% | |
| 2002-Q3 | 19.1% | 17.3% | 13.1% | 9.0% |
| 2002-Q4 | 19.5% | 20.5% | 13.8% | 9.3% |
| 2003-Q1 | 22.2% | 20.0% | 14.4% | 9.6% |
| 2003-Q2 | 23.2% | 19.8% | 15.3% | 9.9% |
| 2003-Q3 | 24.8% | 19.8% | 15.1% | 9.4% |
| 2003-Q4 | 25.4% | 19.0% | 15.0% | 9.2% |
| 2004-Q1 | 25.6% | 19.1% | 15.1% | 8.8% |
| 2004-Q2 | 28.2% | 18.3% | 14.9% | 8.4% |
| 2004-Q3 | 26.5% | 19.6% | 14.1% | 8.7% |
| 2004-Q4 | 26.6% | 18.8% | 13.9% | 8.3% |
| 2005-Q1 | 25.8% | 18.1% | 13.7% | 8.0% |
| 2005-Q2 | 23.9% | 17.5% | 12.4% | 7.9% |
| 2005-Q3 | 20.7% | 16.6% | 12.0% | 8.0% |
| 2005-Q4 | 19.3% | 15.7% | 12.9% | 7.7% |
| 2006-Q1 | 18.0% | 16.0% | 14.1% | 7.8% |
| 2006-Q2 | 17.6% | 14.7% | 12.9% | 7.4% |
| 2006-Q3 | 18.5% | 13.4% | 12.1% | 7.3% |
| 2006-Q4 | 18.5% | 13.9% | 11.2% | 7.3% |
| 2007-Q1 | 17.4% | 15.5% | 11.2% | 6.9% |
| 2007-Q2 | 22.9% | 15.1% | 10.9% | 6.6% |
| 2007-Q3 | 16.9% | 14.7% | 9.8% | 6.4% |
| 2007-Q4 | 13.1% | 14.1% | 8.6% | 6.9% |
| 2008-Q1 | 9.5% | 11.2% | 8.5% | 7.1% |
| 2008-Q2 | 7.5% | 10.4% | 8.0% | 6.6% |
| 2008-Q3 | 6.8% | 10.0% | 7.2% | 6.5% |
| 2008-Q4 | 6.9% | 10.2% | 7.3% | 6.5% |
| 2009-Q1 | 11.4% | 11.8% | 7.0% | 6.6% |
| 2009-Q2 | 10.9% | 14.5% | 9.1% | 6.7% |
| 2009-Q3 | 18.9% | 14.8% | 8.2% | 6.6% |
| 2009-Q4 | 23.0% | 14.0% | 10.1% | 6.8% |
| 2010-Q1 | 22.7% | 14.1% | 9.9% | 6.1% |
| 2010-Q2 | 28.6% | 12.6% | 8.3% | 5.8% |
| 2010-Q3 | 27.9% | 13.2% | 8.8% | 5.5% |
| 2010-Q4 | 28.9% | 12.3% | 8.6% | 5.4% |
| 2011-Q1 | 25.9% | 12.0% | 7.2% | 5.1% |
| 2011-Q2 | 22.5% | 11.2% | 7.8% | 5.9% |
| 2011-Q3 | 21.3% | 10.9% | 6.5% | 5.7% |
| 2011-Q4 | 20.0% | 10.6% | 5.7% | 5.5% |
| 2012-Q1 | 18.8% | 9.7% | 5.3% | 5.8% |
| 2012-Q2 | 19.7% | 10.5% | 5.6% | 5.6% |
| 2012-Q3 | 19.2% | 10.0% | 5.7% | 5.7% |
| 2012-Q4 | 21.8% | 10.9% | 7.1% | 5.3% |
| 2013-Q1 | 19.5% | 10.9% | 7.2% | 5.5% |
| 2013-Q2 | 21.7% | 10.9% | 7.3% | 6.5% |
| 2013-Q3 | 21.7% | 11.3% | 6.8% | 6.1% |
| 2013-Q4 | 17.9% | 12.9% | 9.2% | 6.2% |
| 2014-Q1 | 18.2% | 13.1% | 9.0% | 6.7% |
| 2014-Q2 | 16.1% | 14.2% | 11.6% | 7.1% |
| 2014-Q3 | 14.6% | 14.6% | 9.6% | 7.3% |
| 2014-Q4 | 18.9% | 14.0% | 8.2% | 7.5% |
| 2015-Q1 | 14.8% | 13.4% | 10.1% | 7.5% |
| 2015-Q2 | 13.9% | 13.6% | 8.4% | 7.7% |
| 2015-Q3 | 15.7% | 13.8% | 7.5% | 8.3% |
| 2015-Q4 | 16.3% | 13.7% | 8.6% | 8.1% |
| 2016-Q1 | 19.8% | 13.6% | 9.6% | 8.6% |
| 2016-Q2 | 21.5% | 14.1% | 11.0% | 9.2% |
| 2016-Q3 | 21.0% | 13.8% | 10.5% | 10.1% |
| 2016-Q4 | 18.7% | 13.1% | 10.3% | 9.6% |
| 2017-Q1 | 17.5% | 13.1% | 10.1% | 9.9% |
| 2017-Q2 | 15.5% | 13.6% | 11.9% | 10.3% |
| 2017-Q3 | 15.1% | 12.9% | 12.5% | 10.4% |
| 2017-Q4 | 14.3% | 12.3% | 10.9% | 10.4% |
| 2018-Q1 | 15.3% | 12.5% | 11.2% | 9.4% |
| 2018-Q2 | 15.6% | 13.2% | 11.6% | 9.5% |
| 2018-Q3 | 14.2% | 13.9% | 10.7% | 8.7% |
| 2018-Q4 | 15.4% | 12.6% | 10.6% | 8.6% |
| 2019-Q1 | 14.6% | 12.2% | 11.0% | 8.2% |
| 2019-Q2 | 14.1% | 11.3% | 11.4% | 8.2% |
| 2019-Q3 | 13.9% | 11.2% | 11.9% | 7.9% |
| 2019-Q4 | 13.9% | 10.7% | 12.0% | 8.2% |
| 2020-Q1 | 14.2% | 10.3% | 12.5% | 8.4% |
| 2020-Q2 | 14.8% | 10.3% | 11.7% | 7.9% |
| 2020-Q3 | 14.6% | 9.9% | 10.8% | 7.9% |
| 2020-Q4 | 14.2% | 9.3% | 10.0% | 7.8% |
| 2021-Q1 | 15.0% | 9.1% | 10.0% | 7.8% |
| 2021-Q2 | 15.3% | 8.9% | 8.9% | 7.8% |
| 2021-Q3 | 14.8% | 8.5% | 8.8% | 7.9% |
| 2021-Q4 | 13.8% | 8.3% | 8.9% | 7.7% |
| 2022-Q1 | 12.6% | 8.2% | 9.1% | 7.6% |
| 2022-Q2 | 13.1% | 6.8% | 8.6% | 7.8% |
| 2022-Q3 | 13.1% | 6.9% | 8.6% | 8.2% |
| 2022-Q4 | 16.4% | 7.0% | 7.8% | 8.8% |
| 2023-Q1 | 17.8% | 8.1% | 9.2% | 9.1% |
| 2023-Q2 | 18.7% | 7.7% | 8.5% | 9.1% |
| 2023-Q3 | 18.8% | 8.5% | 8.1% | 9.5% |
| 2023-Q4 | 21.3% | 7.8% | 8.1% | 9.8% |
| 2024-Q1 | 21.8% | 8.0% | 8.7% | 9.8% |
| 2024-Q2 | 21.6% | 7.7% | 8.5% | 9.4% |
| 2024-Q3 | 20.5% | 7.6% | 8.7% | 9.6% |
| 2024-Q4 | 20.1% | 7.7% | 8.4% | 10.1% |
| 2025-Q1 | 22.5% | 7.4% | 9.1% | 9.9% |
| 2025-Q2 | 22.1% | 7.2% | 10.2% | 8.8% |
| 2025-Q3 | 21.3% | 7.1% | 9.3% | 8.5% |
| 2025-Q4 | 21.0% | 8.0% | 9.0% | 8.8% |
| 2026-Q1 | 21.1% | 8.0% | 9.5% | 8.6% |
| 2026-Q2 | 19.7% | 7.6% | 9.2% | 8.5% |
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