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Commercial and industrial

Office: central versus fringe, vacancies, rentals and supply

How have office prices, rents, vacancy and supply moved in the Central and Fringe areas?

Looks at offices in the URA's two zones, the Central Area and the Fringe Area, and at office rents, vacancy and supply. In 2012 Q2 Central prices stood 10.2% above Fringe, then the gap closed and the Fringe index passed Central in 2021 Q4. Rents did better than prices, and a vacancy rate near 11% did not stop them rising.

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FreeKey figures

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).

View the data as a table
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%

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The Central Area is 11 planning areas; the Fringe Area is the 11 around it

URA planning areas (Master Plan 2019). Office zones as the URA defines them within the Central Region.

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The Central Area is 11 planning areas; the Fringe Area is the 11 around itURA planning areas (Master Plan 2019). Office zones as the URA defines them within the Central Region.Ang Mo Kio (North-East Region)Bedok (East Region)Bishan (Central Region): Fringe Area (11 areas)Boon Lay (West Region)Bukit Batok (West Region)Bukit Merah (Central Region): Fringe Area (11 areas)Bukit Panjang (West Region)Bukit Timah (Central Region): Fringe Area (11 areas)Central Water Catchment (North Region)Changi (East Region)Changi Bay (East Region)Choa Chu Kang (West Region)Clementi (West Region)Downtown Core (Central Region): Central Area (11 areas)Geylang (Central Region): Fringe Area (11 areas)Hougang (North-East Region)Jurong East (West Region)Jurong West (West Region)Kallang (Central Region): Fringe Area (11 areas)Lim Chu Kang (North Region)Mandai (North Region)Marina East (Central Region): Central Area (11 areas)Marina South (Central Region): Central Area (11 areas)Marine Parade (Central Region): Fringe Area (11 areas)Museum (Central Region): Central Area (11 areas)Newton (Central Region): Central Area (11 areas)North-Eastern Islands (North-East Region)Novena (Central Region): Fringe Area (11 areas)Orchard (Central Region): Central Area (11 areas)Outram (Central Region): Central Area (11 areas)Pasir Ris (East Region)Paya Lebar (East Region)Pioneer (West Region)Punggol (North-East Region)Queenstown (Central Region): Fringe Area (11 areas)River Valley (Central Region): Central Area (11 areas)Rochor (Central Region): Central Area (11 areas)Seletar (North-East Region)Sembawang (North Region)Sengkang (North-East Region)Serangoon (North-East Region)Simpang (North Region)Singapore River (Central Region): Central Area (11 areas)Southern Islands (Central Region): Fringe Area (11 areas)Straits View (Central Region): Central Area (11 areas)Sungei Kadut (North Region)Tampines (East Region)Tanglin (Central Region): Fringe Area (11 areas)Tengah (West Region)Toa Payoh (Central Region): Fringe Area (11 areas)Tuas (West Region)Western Islands (West Region)Western Water Catchment (West Region)Woodlands (North Region)Yishun (North Region)BishanBukit MerahBukit TimahDowntown CoreGeylangKallangMarina SouthMarine ParadeNovenaQueenstownToa PayohAlso in the Central Area:Orchard, Newton, Rochor, River Valley,Museum, Outram, Singapore River,Marina East, Straits ViewAlso in the Fringe Area:Tanglin, Southern IslandsCentral Area (11 areas)Fringe Area (11 areas)Outside the Central Region

Source: URA Master Plan 2019 planning areas (data.gov.sg). Central Area and Fringe Area as the URA defines them; the Central Region is the 22 areas together..

View the data as a table
The Central Area is 11 planning areas; the Fringe Area is the 11 around it
Planning areaRegionCategory
BishanCentral RegionFringe Area (11 areas)
Bukit MerahCentral RegionFringe Area (11 areas)
Bukit TimahCentral RegionFringe Area (11 areas)
Downtown CoreCentral RegionCentral Area (11 areas)
GeylangCentral RegionFringe Area (11 areas)
KallangCentral RegionFringe Area (11 areas)
Marina EastCentral RegionCentral Area (11 areas)
Marina SouthCentral RegionCentral Area (11 areas)
Marine ParadeCentral RegionFringe Area (11 areas)
MuseumCentral RegionCentral Area (11 areas)
NewtonCentral RegionCentral Area (11 areas)
NovenaCentral RegionFringe Area (11 areas)
OrchardCentral RegionCentral Area (11 areas)
OutramCentral RegionCentral Area (11 areas)
QueenstownCentral RegionFringe Area (11 areas)
River ValleyCentral RegionCentral Area (11 areas)
RochorCentral RegionCentral Area (11 areas)
Singapore RiverCentral RegionCentral Area (11 areas)
Southern IslandsCentral RegionFringe Area (11 areas)
Straits ViewCentral RegionCentral Area (11 areas)
TanglinCentral RegionFringe Area (11 areas)
Toa PayohCentral RegionFringe Area (11 areas)

FreeLine chart

Since 2021 the central office price index has fallen below the fringe index

Office price index by area, 1998 Q4 = 100. Central Area and Fringe Area of the Central Region. URA via SingStat, 1988 Q1 to 2026 Q2.

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Since 2021 the central office price index has fallen below the fringe indexCentral peaked at 147.5 in 2019 Q2 and was 27.5% lower by 2026 Q2. The Fringe index passed Central in 2021 Q4.60901201501802101988199219962000200420082012201620202024Fringe: 1988-Q1 to 2026-Q2Central: 1988-Q1 to 2026-Q2Fringe, 2026 Q2: 130FringeCentral, 2026 Q2: 107Central1988-Q1: Fringe 74, Central 511988-Q2: Fringe 64, Central 551988-Q3: Fringe 67, Central 551988-Q4: Fringe 78, Central 561989-Q1: Fringe 88, Central 631989-Q2: Fringe 88, Central 711989-Q3: Fringe 104, Central 841989-Q4: Fringe 105, Central 831990-Q1: Fringe 101, Central 971990-Q2: Fringe 93, Central 911990-Q3: Fringe 104, Central 961990-Q4: Fringe 98, Central 871991-Q1: Fringe 107, Central 881991-Q2: Fringe 112, Central 861991-Q3: Fringe 101, Central 881991-Q4: Fringe 109, Central 881992-Q1: Fringe 110, Central 891992-Q2: Fringe 107, Central 851992-Q3: Fringe 108, Central 811992-Q4: Fringe 107, Central 751993-Q1: Fringe 107, Central 751993-Q2: Fringe 112, Central 801993-Q3: Fringe 112, Central 831993-Q4: Fringe 115, Central 851994-Q1: Fringe 116, Central 901994-Q2: Fringe 119, Central 971994-Q3: Fringe 126, Central 1101994-Q4: Fringe 148, Central 1271995-Q1: Fringe 156, Central 1431995-Q2: Fringe 162, Central 1491995-Q3: Fringe 165, Central 1561995-Q4: Fringe 170, Central 1581996-Q1: Fringe 186, Central 1551996-Q2: Fringe 204, Central 1521996-Q3: Fringe 185, Central 1581996-Q4: Fringe 180, Central 1551997-Q1: Fringe 178, Central 1461997-Q2: Fringe 173, Central 1441997-Q3: Fringe 172, Central 1391997-Q4: Fringe 160, Central 1391998-Q1: Fringe 150, Central 1341998-Q2: Fringe 137, Central 1221998-Q3: Fringe 119, Central 1071998-Q4: Fringe 100, Central 1001999-Q1: Fringe 96, Central 911999-Q2: Fringe 96, Central 911999-Q3: Fringe 92, Central 901999-Q4: Fringe 96, Central 992000-Q1: Fringe 96, Central 1062000-Q2: Fringe 97, Central 1192000-Q3: Fringe 98, Central 1222000-Q4: Fringe 99, Central 1292001-Q1: Fringe 98, Central 1162001-Q2: Fringe 94, Central 1132001-Q3: Fringe 93, Central 1082001-Q4: Fringe 88, Central 1002002-Q1: Fringe 85, Central 952002-Q2: Fringe 84, Central 912002-Q3: Fringe 78, Central 882002-Q4: Fringe 74, Central 832003-Q1: Fringe 73, Central 812003-Q2: Fringe 72, Central 782003-Q3: Fringe 70, Central 772003-Q4: Fringe 68, Central 742004-Q1: Fringe 68, Central 732004-Q2: Fringe 67, Central 732004-Q3: Fringe 67, Central 742004-Q4: Fringe 68, Central 742005-Q1: Fringe 69, Central 742005-Q2: Fringe 69, Central 752005-Q3: Fringe 70, Central 762005-Q4: Fringe 71, Central 772006-Q1: Fringe 72, Central 782006-Q2: Fringe 73, Central 812006-Q3: Fringe 76, Central 832006-Q4: Fringe 78, Central 902007-Q1: Fringe 80, Central 952007-Q2: Fringe 86, Central 1022007-Q3: Fringe 92, Central 1112007-Q4: Fringe 99, Central 1202008-Q1: Fringe 101, Central 1212008-Q2: Fringe 102, Central 1232008-Q3: Fringe 98, Central 1182008-Q4: Fringe 94, Central 1122009-Q1: Fringe 83, Central 982009-Q2: Fringe 80, Central 942009-Q3: Fringe 80, Central 922009-Q4: Fringe 83, Central 932010-Q1: Fringe 85, Central 952010-Q2: Fringe 87, Central 992010-Q3: Fringe 95, Central 1052010-Q4: Fringe 101, Central 1112011-Q1: Fringe 102, Central 1162011-Q2: Fringe 106, Central 1202011-Q3: Fringe 110, Central 1252011-Q4: Fringe 111, Central 1262012-Q1: Fringe 110, Central 1262012-Q2: Fringe 113, Central 1252012-Q3: Fringe 115, Central 1272012-Q4: Fringe 113, Central 1282013-Q1: Fringe 120, Central 1312013-Q2: Fringe 121, Central 1332013-Q3: Fringe 122, Central 1342013-Q4: Fringe 122, Central 1362014-Q1: Fringe 125, Central 1362014-Q2: Fringe 125, Central 1362014-Q3: Fringe 126, Central 1392014-Q4: Fringe 127, Central 1422015-Q1: Fringe 123, Central 1432015-Q2: Fringe 123, Central 1432015-Q3: Fringe 122, Central 1432015-Q4: Fringe 122, Central 1432016-Q1: Fringe 120, Central 1432016-Q2: Fringe 119, Central 1392016-Q3: Fringe 117, Central 1382016-Q4: Fringe 115, Central 1372017-Q1: Fringe 113, Central 1302017-Q2: Fringe 111, Central 1282017-Q3: Fringe 112, Central 1292017-Q4: Fringe 113, Central 1342018-Q1: Fringe 112, Central 1362018-Q2: Fringe 113, Central 1392018-Q3: Fringe 113, Central 1392018-Q4: Fringe 115, Central 1422019-Q1: Fringe 114, Central 1462019-Q2: Fringe 118, Central 1482019-Q3: Fringe 124, Central 1412019-Q4: Fringe 120, Central 1412020-Q1: Fringe 113, Central 1362020-Q2: Fringe 119, Central 1302020-Q3: Fringe 114, Central 1312020-Q4: Fringe 111, Central 1262021-Q1: Fringe 117, Central 1212021-Q2: Fringe 114, Central 1222021-Q3: Fringe 115, Central 1182021-Q4: Fringe 120, Central 1152022-Q1: Fringe 121, Central 1212022-Q2: Fringe 118, Central 1142022-Q3: Fringe 121, Central 1092022-Q4: Fringe 117, Central 1152023-Q1: Fringe 120, Central 1142023-Q2: Fringe 123, Central 1152023-Q3: Fringe 122, Central 1162023-Q4: Fringe 122, Central 1082024-Q1: Fringe 120, Central 1072024-Q2: Fringe 125, Central 1102024-Q3: Fringe 125, Central 1112024-Q4: Fringe 126, Central 1102025-Q1: Fringe 130, Central 1092025-Q2: Fringe 125, Central 1082025-Q3: Fringe 133, Central 1072025-Q4: Fringe 129, Central 1062026-Q1: Fringe 132, Central 1062026-Q2: Fringe 130, Central 107

Central peaked at 147.5 in 2019 Q2 and was 27.5% lower by 2026 Q2. The Fringe index passed Central in 2021 Q4.

Source: URA via SingStat. Data to 2026 Q2.

Licence: green class (Singapore Open Data Licence).

View the data as a table
Since 2021 the central office price index has fallen below the fringe index
PeriodFringeCentral
1988-Q17451
1988-Q26455
1988-Q36755
1988-Q47856
1989-Q18863
1989-Q28871
1989-Q310484
1989-Q410583
1990-Q110197
1990-Q29391
1990-Q310496
1990-Q49887
1991-Q110788
1991-Q211286
1991-Q310188
1991-Q410988
1992-Q111089
1992-Q210785
1992-Q310881
1992-Q410775
1993-Q110775
1993-Q211280
1993-Q311283
1993-Q411585
1994-Q111690
1994-Q211997
1994-Q3126110
1994-Q4148127
1995-Q1156143
1995-Q2162149
1995-Q3165156
1995-Q4170158
1996-Q1186155
1996-Q2204152
1996-Q3185158
1996-Q4180155
1997-Q1178146
1997-Q2173144
1997-Q3172139
1997-Q4160139
1998-Q1150134
1998-Q2137122
1998-Q3119107
1998-Q4100100
1999-Q19691
1999-Q29691
1999-Q39290
1999-Q49699
2000-Q196106
2000-Q297119
2000-Q398122
2000-Q499129
2001-Q198116
2001-Q294113
2001-Q393108
2001-Q488100
2002-Q18595
2002-Q28491
2002-Q37888
2002-Q47483
2003-Q17381
2003-Q27278
2003-Q37077
2003-Q46874
2004-Q16873
2004-Q26773
2004-Q36774
2004-Q46874
2005-Q16974
2005-Q26975
2005-Q37076
2005-Q47177
2006-Q17278
2006-Q27381
2006-Q37683
2006-Q47890
2007-Q18095
2007-Q286102
2007-Q392111
2007-Q499120
2008-Q1101121
2008-Q2102123
2008-Q398118
2008-Q494112
2009-Q18398
2009-Q28094
2009-Q38092
2009-Q48393
2010-Q18595
2010-Q28799
2010-Q395105
2010-Q4101111
2011-Q1102116
2011-Q2106120
2011-Q3110125
2011-Q4111126
2012-Q1110126
2012-Q2113125
2012-Q3115127
2012-Q4113128
2013-Q1120131
2013-Q2121133
2013-Q3122134
2013-Q4122136
2014-Q1125136
2014-Q2125136
2014-Q3126139
2014-Q4127142
2015-Q1123143
2015-Q2123143
2015-Q3122143
2015-Q4122143
2016-Q1120143
2016-Q2119139
2016-Q3117138
2016-Q4115137
2017-Q1113130
2017-Q2111128
2017-Q3112129
2017-Q4113134
2018-Q1112136
2018-Q2113139
2018-Q3113139
2018-Q4115142
2019-Q1114146
2019-Q2118148
2019-Q3124141
2019-Q4120141
2020-Q1113136
2020-Q2119130
2020-Q3114131
2020-Q4111126
2021-Q1117121
2021-Q2114122
2021-Q3115118
2021-Q4120115
2022-Q1121121
2022-Q2118114
2022-Q3121109
2022-Q4117115
2023-Q1120114
2023-Q2123115
2023-Q3122116
2023-Q4122108
2024-Q1120107
2024-Q2125110
2024-Q3125111
2024-Q4126110
2025-Q1130109
2025-Q2125108
2025-Q3133107
2025-Q4129106
2026-Q1132106
2026-Q2130107

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

FreeTimeline

Office rents beat their old peaks in 2008 and 2024; prices never passed 1996

Swings of 15% or more, quarter of turn. Blue: rise. Grey: fall. Central Region office indices, URA via SingStat.

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Office rents beat their old peaks in 2008 and 2024; prices never passed 1996Swings of 15% or more, quarter of turn. Blue: rise. Grey: fall. Central Region office indices, URA via SingStat.1992199620002004200820122016202020242028Office price index (Central Region)Office rent index (Central Region)Vacancy extremes (private office space)Rise +100.1%Fall -44.6%Rise +39.1%Fall -42.9%Rise +67.6%Fall -24.4%Rise +58.5%Fall -24.0%Rise +53.9%Fall -44.7%Rise +172.1%Fall -29.1%Rise +34.8%Fall -18.5%Rise +30.4%Low 5.9%High 18.6%Low 6.8%Rise +100.1%: 1993 to 19961993 to 1996Fall -44.6%: 1996 to 19991996 to 1999Rise +39.1%: 1999 to 20001999 to 2000Fall -42.9%: 2000 to 20042000 to 2004Rise +67.6%: 2004 to 20082004 to 2008Fall -24.4%: 2008 to 20092008 to 2009Rise +58.5%: 2009 to 20192009 to 2019Fall -24.0%: 2019 to 20242019 to 2024Rise +53.9%: 1993 to 19961993 to 1996Fall -44.7%: 1996 to 20041996 to 2004Rise +172.1%: 2004 to 20082004 to 2008Fall -29.1%: 2008 to 20092008 to 2009Rise +34.8%: 2009 to 20152009 to 2015Fall -18.5%: 2015 to 20202015 to 2020Rise +30.4%: 2020 to 20242020 to 2024Low 5.9%: 19951995High 18.6%: 20032003Low 6.8%: 20072007

Source: URA and JTC via SingStat. Office price and rent indices 1993 Q1 to 2024 Q2; vacancy from URA and JTC tables. Turning points are swings of 15% or more (PropInsights calculation)..

View the data as a table
Office rents beat their old peaks in 2008 and 2024; prices never passed 1996
EventStartEndNote
Rise +100.1%1993-01-011996-07-01
Fall -44.6%1996-07-011999-07-01
Rise +39.1%1999-07-012000-10-01
Fall -42.9%2000-10-012004-01-01
Rise +67.6%2004-01-012008-04-01
Fall -24.4%2008-04-012009-07-01
Rise +58.5%2009-07-012019-04-01
Fall -24.0%2019-04-012024-01-01
Rise +53.9%1993-10-011996-04-01
Fall -44.7%1996-04-012004-01-01
Rise +172.1%2004-01-012008-04-01
Fall -29.1%2008-04-012009-10-01
Rise +34.8%2009-10-012015-01-01
Fall -18.5%2015-01-012020-10-01
Rise +30.4%2020-10-012024-04-01
Low 5.9%1995-07-01
High 18.6%2003-10-01
Low 6.8%2007-10-01

FreeLine chart

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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Office vacancy swung from 6% to 19% before 2013. Since then it has stayed between 9% and 15%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.0.0%5.0%10.0%15.0%20.0%19962000200420082012201620202024Average 12.0%Vacancy: 1993-Q2 to 2026-Q2Vacancy, 2026 Q2: 11.2%VacancyAverage 12.0%1993-Q2: Vacancy 11.8%1993-Q3: Vacancy 11.6%1993-Q4: Vacancy 10.6%1994-Q1: Vacancy 10.0%1994-Q2: Vacancy 8.4%1994-Q3: Vacancy 8.1%1994-Q4: Vacancy 8.0%1995-Q1: Vacancy 7.4%1995-Q2: Vacancy 6.5%1995-Q3: Vacancy 5.9%1995-Q4: Vacancy 9.8%1996-Q1: Vacancy 10.3%1996-Q2: Vacancy 9.4%1996-Q3: Vacancy 8.7%1996-Q4: Vacancy 9.2%1997-Q1: Vacancy 10.6%1997-Q2: Vacancy 11.3%1997-Q3: Vacancy 12.5%1997-Q4: Vacancy 12.1%1998-Q1: Vacancy 13.1%1998-Q2: Vacancy 13.6%1998-Q3: Vacancy 15.1%1998-Q4: Vacancy 16.0%1999-Q1: Vacancy 16.1%1999-Q2: Vacancy 16.2%1999-Q3: Vacancy 16.1%1999-Q4: Vacancy 15.3%2000-Q1: Vacancy 13.8%2000-Q2: Vacancy 13.5%2000-Q3: Vacancy 12.1%2000-Q4: Vacancy 11.7%2001-Q1: Vacancy 10.5%2001-Q2: Vacancy 11.0%2001-Q3: Vacancy 11.0%2001-Q4: Vacancy 11.2%2002-Q1: Vacancy 12.4%2002-Q2: Vacancy 13.9%2002-Q3: Vacancy 14.2%2002-Q4: Vacancy 15.7%2003-Q1: Vacancy 16.6%2003-Q2: Vacancy 17.3%2003-Q3: Vacancy 17.8%2003-Q4: Vacancy 18.6%2004-Q1: Vacancy 18.4%2004-Q2: Vacancy 17.8%2004-Q3: Vacancy 17.1%2004-Q4: Vacancy 16.6%2005-Q1: Vacancy 15.5%2005-Q2: Vacancy 14.6%2005-Q3: Vacancy 13.6%2005-Q4: Vacancy 13.1%2006-Q1: Vacancy 12.3%2006-Q2: Vacancy 12.9%2006-Q3: Vacancy 10.6%2006-Q4: Vacancy 10.5%2007-Q1: Vacancy 9.3%2007-Q2: Vacancy 7.7%2007-Q3: Vacancy 6.9%2007-Q4: Vacancy 6.8%2008-Q1: Vacancy 7.3%2008-Q2: Vacancy 7.6%2008-Q3: Vacancy 8.3%2008-Q4: Vacancy 9.2%2009-Q1: Vacancy 10.2%2009-Q2: Vacancy 11.5%2009-Q3: Vacancy 13.4%2009-Q4: Vacancy 13.3%2010-Q1: Vacancy 13.7%2010-Q2: Vacancy 13.5%2010-Q3: Vacancy 14.5%2010-Q4: Vacancy 13.3%2011-Q1: Vacancy 13.4%2011-Q2: Vacancy 13.7%2011-Q3: Vacancy 12.8%2011-Q4: Vacancy 12.5%2012-Q1: Vacancy 12.7%2012-Q2: Vacancy 11.8%2012-Q3: Vacancy 10.5%2012-Q4: Vacancy 10.3%2013-Q1: Vacancy 10.0%2013-Q2: Vacancy 9.5%2013-Q3: Vacancy 10.4%2013-Q4: Vacancy 10.8%2014-Q1: Vacancy 10.9%2014-Q2: Vacancy 10.6%2014-Q3: Vacancy 9.1%2014-Q4: Vacancy 11.2%2015-Q1: Vacancy 11.1%2015-Q2: Vacancy 10.5%2015-Q3: Vacancy 10.3%2015-Q4: Vacancy 10.1%2016-Q1: Vacancy 10.0%2016-Q2: Vacancy 9.9%2016-Q3: Vacancy 11.2%2016-Q4: Vacancy 12.1%2017-Q1: Vacancy 12.7%2017-Q2: Vacancy 13.6%2017-Q3: Vacancy 14.5%2017-Q4: Vacancy 13.7%2018-Q1: Vacancy 13.7%2018-Q2: Vacancy 13.4%2018-Q3: Vacancy 13.0%2018-Q4: Vacancy 13.2%2019-Q1: Vacancy 12.7%2019-Q2: Vacancy 12.4%2019-Q3: Vacancy 11.4%2019-Q4: Vacancy 11.4%2020-Q1: Vacancy 11.8%2020-Q2: Vacancy 13.1%2020-Q3: Vacancy 12.8%2020-Q4: Vacancy 12.7%2021-Q1: Vacancy 12.9%2021-Q2: Vacancy 13.6%2021-Q3: Vacancy 14.0%2021-Q4: Vacancy 13.8%2022-Q1: Vacancy 13.8%2022-Q2: Vacancy 12.9%2022-Q3: Vacancy 12.6%2022-Q4: Vacancy 12.2%2023-Q1: Vacancy 11.9%2023-Q2: Vacancy 11.3%2023-Q3: Vacancy 10.4%2023-Q4: Vacancy 10.3%2024-Q1: Vacancy 10.1%2024-Q2: Vacancy 11.4%2024-Q3: Vacancy 11.6%2024-Q4: Vacancy 11.1%2025-Q1: Vacancy 12.5%2025-Q2: Vacancy 11.9%2025-Q3: Vacancy 11.5%2025-Q4: Vacancy 11.3%2026-Q1: Vacancy 10.9%2026-Q2: Vacancy 11.2%

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
Office vacancy swung from 6% to 19% before 2013. Since then it has stayed between 9% and 15%
PeriodVacancy
1993-Q211.8%
1993-Q311.6%
1993-Q410.6%
1994-Q110.0%
1994-Q28.4%
1994-Q38.1%
1994-Q48.0%
1995-Q17.4%
1995-Q26.5%
1995-Q35.9%
1995-Q49.8%
1996-Q110.3%
1996-Q29.4%
1996-Q38.7%
1996-Q49.2%
1997-Q110.6%
1997-Q211.3%
1997-Q312.5%
1997-Q412.1%
1998-Q113.1%
1998-Q213.6%
1998-Q315.1%
1998-Q416.0%
1999-Q116.1%
1999-Q216.2%
1999-Q316.1%
1999-Q415.3%
2000-Q113.8%
2000-Q213.5%
2000-Q312.1%
2000-Q411.7%
2001-Q110.5%
2001-Q211.0%
2001-Q311.0%
2001-Q411.2%
2002-Q112.4%
2002-Q213.9%
2002-Q314.2%
2002-Q415.7%
2003-Q116.6%
2003-Q217.3%
2003-Q317.8%
2003-Q418.6%
2004-Q118.4%
2004-Q217.8%
2004-Q317.1%
2004-Q416.6%
2005-Q115.5%
2005-Q214.6%
2005-Q313.6%
2005-Q413.1%
2006-Q112.3%
2006-Q212.9%
2006-Q310.6%
2006-Q410.5%
2007-Q19.3%
2007-Q27.7%
2007-Q36.9%
2007-Q46.8%
2008-Q17.3%
2008-Q27.6%
2008-Q38.3%
2008-Q49.2%
2009-Q110.2%
2009-Q211.5%
2009-Q313.4%
2009-Q413.3%
2010-Q113.7%
2010-Q213.5%
2010-Q314.5%
2010-Q413.3%
2011-Q113.4%
2011-Q213.7%
2011-Q312.8%
2011-Q412.5%
2012-Q112.7%
2012-Q211.8%
2012-Q310.5%
2012-Q410.3%
2013-Q110.0%
2013-Q29.5%
2013-Q310.4%
2013-Q410.8%
2014-Q110.9%
2014-Q210.6%
2014-Q39.1%
2014-Q411.2%
2015-Q111.1%
2015-Q210.5%
2015-Q310.3%
2015-Q410.1%
2016-Q110.0%
2016-Q29.9%
2016-Q311.2%
2016-Q412.1%
2017-Q112.7%
2017-Q213.6%
2017-Q314.5%
2017-Q413.7%
2018-Q113.7%
2018-Q213.4%
2018-Q313.0%
2018-Q413.2%
2019-Q112.7%
2019-Q212.4%
2019-Q311.4%
2019-Q411.4%
2020-Q111.8%
2020-Q213.1%
2020-Q312.8%
2020-Q412.7%
2021-Q112.9%
2021-Q213.6%
2021-Q314.0%
2021-Q413.8%
2022-Q113.8%
2022-Q212.9%
2022-Q312.6%
2022-Q412.2%
2023-Q111.9%
2023-Q211.3%
2023-Q310.4%
2023-Q410.3%
2024-Q110.1%
2024-Q211.4%
2024-Q311.6%
2024-Q411.1%
2025-Q112.5%
2025-Q211.9%
2025-Q311.5%
2025-Q411.3%
2026-Q110.9%
2026-Q211.2%

FreeStacked columns

The office pipeline is 888 thousand sq m: 28% below 2012 and under a third of the 1996 peak

Office space under construction and planned, thousand sq m gross, end of quarter. URA and JTC via SingStat, 1993 Q2 to 2026 Q2.

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The office pipeline is 888 thousand sq m: 28% below 2012 and under a third of the 1996 peakOffice space under construction and planned, thousand sq m gross, end of quarter. URA and JTC via SingStat, 1993 Q2 to 2026 Q2.07501,5002,2503,000199620002004200820122016202020241993-Q2: Under construction 1,339 (total 2,498)1993-Q2: Written permission 113 (total 2,498)1993-Q2: Provisional 107 (total 2,498)1993-Q2: Other planned 939 (total 2,498)1993-Q3: Under construction 1,292 (total 2,386)1993-Q3: Written permission 111 (total 2,386)1993-Q3: Provisional 214 (total 2,386)1993-Q3: Other planned 769 (total 2,386)1993-Q4: Under construction 1,235 (total 2,198)1993-Q4: Written permission 96 (total 2,198)1993-Q4: Provisional 236 (total 2,198)1993-Q4: Other planned 631 (total 2,198)1994-Q1: Under construction 1,155 (total 2,058)1994-Q1: Written permission 124 (total 2,058)1994-Q1: Provisional 206 (total 2,058)1994-Q1: Other planned 573 (total 2,058)1994-Q2: Under construction 1,213 (total 2,063)1994-Q2: Written permission 141 (total 2,063)1994-Q2: Provisional 121 (total 2,063)1994-Q2: Other planned 588 (total 2,063)1994-Q3: Under construction 1,164 (total 2,308)1994-Q3: Written permission 149 (total 2,308)1994-Q3: Provisional 134 (total 2,308)1994-Q3: Other planned 861 (total 2,308)1994-Q4: Under construction 1,136 (total 2,554)1994-Q4: Written permission 162 (total 2,554)1994-Q4: Provisional 167 (total 2,554)1994-Q4: Other planned 1,089 (total 2,554)1995-Q1: Under construction 1,133 (total 2,582)1995-Q1: Written permission 175 (total 2,582)1995-Q1: Provisional 187 (total 2,582)1995-Q1: Other planned 1,087 (total 2,582)1995-Q2: Under construction 1,183 (total 2,562)1995-Q2: Written permission 91 (total 2,562)1995-Q2: Provisional 296 (total 2,562)1995-Q2: Other planned 992 (total 2,562)1995-Q3: Under construction 1,243 (total 2,756)1995-Q3: Written permission 77 (total 2,756)1995-Q3: Provisional 387 (total 2,756)1995-Q3: Other planned 1,049 (total 2,756)1995-Q4: Under construction 1,078 (total 2,708)1995-Q4: Written permission 73 (total 2,708)1995-Q4: Provisional 391 (total 2,708)1995-Q4: Other planned 1,166 (total 2,708)1996-Q1: Under construction 923 (total 2,568)1996-Q1: Written permission 112 (total 2,568)1996-Q1: Provisional 463 (total 2,568)1996-Q1: Other planned 1,070 (total 2,568)1996-Q2: Under construction 1,006 (total 2,493)1996-Q2: Written permission 86 (total 2,493)1996-Q2: Provisional 549 (total 2,493)1996-Q2: Other planned 852 (total 2,493)1996-Q3: Under construction 1,079 (total 2,596)1996-Q3: Written permission 194 (total 2,596)1996-Q3: Provisional 471 (total 2,596)1996-Q3: Other planned 852 (total 2,596)1996-Q4: Under construction 1,200 (total 2,823)1996-Q4: Written permission 185 (total 2,823)1996-Q4: Provisional 402 (total 2,823)1996-Q4: Other planned 1,036 (total 2,823)1997-Q1: Under construction 1,287 (total 2,705)1997-Q1: Written permission 106 (total 2,705)1997-Q1: Provisional 289 (total 2,705)1997-Q1: Other planned 1,023 (total 2,705)1997-Q2: Under construction 1,167 (total 2,621)1997-Q2: Written permission 131 (total 2,621)1997-Q2: Provisional 286 (total 2,621)1997-Q2: Other planned 1,037 (total 2,621)1997-Q3: Under construction 1,095 (total 2,433)1997-Q3: Written permission 101 (total 2,433)1997-Q3: Provisional 306 (total 2,433)1997-Q3: Other planned 931 (total 2,433)1997-Q4: Under construction 1,141 (total 2,656)1997-Q4: Written permission 202 (total 2,656)1997-Q4: Provisional 293 (total 2,656)1997-Q4: Other planned 1,020 (total 2,656)1998-Q1: Under construction 1,143 (total 2,353)1998-Q1: Written permission 133 (total 2,353)1998-Q1: Provisional 336 (total 2,353)1998-Q1: Other planned 741 (total 2,353)1998-Q2: Under construction 1,096 (total 2,059)1998-Q2: Written permission 128 (total 2,059)1998-Q2: Provisional 263 (total 2,059)1998-Q2: Other planned 572 (total 2,059)1998-Q3: Under construction 1,134 (total 1,809)1998-Q3: Written permission 129 (total 1,809)1998-Q3: Provisional 132 (total 1,809)1998-Q3: Other planned 414 (total 1,809)1998-Q4: Under construction 1,113 (total 1,803)1998-Q4: Written permission 129 (total 1,803)1998-Q4: Provisional 106 (total 1,803)1998-Q4: Other planned 455 (total 1,803)1999-Q1: Under construction 1,102 (total 1,722)1999-Q1: Written permission 99 (total 1,722)1999-Q1: Provisional 119 (total 1,722)1999-Q1: Other planned 402 (total 1,722)1999-Q2: Under construction 1,043 (total 1,676)1999-Q2: Written permission 101 (total 1,676)1999-Q2: Provisional 115 (total 1,676)1999-Q2: Other planned 417 (total 1,676)1999-Q3: Under construction 1,029 (total 1,638)1999-Q3: Written permission 93 (total 1,638)1999-Q3: Provisional 83 (total 1,638)1999-Q3: Other planned 433 (total 1,638)1999-Q4: Under construction 972 (total 1,706)1999-Q4: Written permission 132 (total 1,706)1999-Q4: Provisional 41 (total 1,706)1999-Q4: Other planned 561 (total 1,706)2000-Q1: Under construction 931 (total 1,508)2000-Q1: Written permission 125 (total 1,508)2000-Q1: Provisional 89 (total 1,508)2000-Q1: Other planned 363 (total 1,508)2000-Q2: Under construction 802 (total 1,386)2000-Q2: Written permission 128 (total 1,386)2000-Q2: Provisional 166 (total 1,386)2000-Q2: Other planned 290 (total 1,386)2000-Q3: Under construction 708 (total 1,299)2000-Q3: Written permission 90 (total 1,299)2000-Q3: Provisional 227 (total 1,299)2000-Q3: Other planned 274 (total 1,299)2000-Q4: Under construction 657 (total 1,355)2000-Q4: Written permission 99 (total 1,355)2000-Q4: Provisional 196 (total 1,355)2000-Q4: Other planned 403 (total 1,355)2001-Q1: Under construction 735 (total 1,372)2001-Q1: Written permission 99 (total 1,372)2001-Q1: Provisional 198 (total 1,372)2001-Q1: Other planned 340 (total 1,372)2001-Q2: Under construction 568 (total 1,317)2001-Q2: Written permission 99 (total 1,317)2001-Q2: Provisional 241 (total 1,317)2001-Q2: Other planned 409 (total 1,317)2001-Q3: Under construction 503 (total 1,114)2001-Q3: Written permission 132 (total 1,114)2001-Q3: Provisional 310 (total 1,114)2001-Q3: Other planned 169 (total 1,114)2001-Q4: Under construction 507 (total 1,114)2001-Q4: Written permission 131 (total 1,114)2001-Q4: Provisional 364 (total 1,114)2001-Q4: Other planned 112 (total 1,114)2002-Q1: Under construction 375 (total 1,087)2002-Q1: Written permission 161 (total 1,087)2002-Q1: Provisional 342 (total 1,087)2002-Q1: Other planned 209 (total 1,087)2002-Q2: Under construction 306 (total 1,126)2002-Q2: Written permission 301 (total 1,126)2002-Q2: Provisional 212 (total 1,126)2002-Q2: Other planned 307 (total 1,126)2002-Q3: Under construction 463 (total 985)2002-Q3: Written permission 158 (total 985)2002-Q3: Provisional 199 (total 985)2002-Q3: Other planned 165 (total 985)2002-Q4: Under construction 399 (total 735)2002-Q4: Written permission 159 (total 735)2002-Q4: Provisional 175 (total 735)2002-Q4: Other planned 2 (total 735)2003-Q1: Under construction 399 (total 722)2003-Q1: Written permission 165 (total 722)2003-Q1: Provisional 156 (total 722)2003-Q1: Other planned 2 (total 722)2003-Q2: Under construction 390 (total 722)2003-Q2: Written permission 140 (total 722)2003-Q2: Provisional 155 (total 722)2003-Q2: Other planned 37 (total 722)2003-Q3: Under construction 384 (total 695)2003-Q3: Written permission 152 (total 695)2003-Q3: Provisional 126 (total 695)2003-Q3: Other planned 33 (total 695)2003-Q4: Under construction 327 (total 597)2003-Q4: Written permission 147 (total 597)2003-Q4: Provisional 117 (total 597)2003-Q4: Other planned 6 (total 597)2004-Q1: Under construction 309 (total 562)2004-Q1: Written permission 147 (total 562)2004-Q1: Provisional 97 (total 562)2004-Q1: Other planned 9 (total 562)2004-Q2: Under construction 318 (total 561)2004-Q2: Written permission 139 (total 561)2004-Q2: Provisional 102 (total 561)2004-Q2: Other planned 2 (total 561)2004-Q3: Under construction 354 (total 538)2004-Q3: Written permission 95 (total 538)2004-Q3: Provisional 89 (total 538)2004-Q3: Other planned 0 (total 538)2004-Q4: Under construction 322 (total 490)2004-Q4: Written permission 70 (total 490)2004-Q4: Provisional 93 (total 490)2004-Q4: Other planned 5 (total 490)2005-Q1: Under construction 334 (total 579)2005-Q1: Written permission 71 (total 579)2005-Q1: Provisional 90 (total 579)2005-Q1: Other planned 84 (total 579)2005-Q2: Under construction 327 (total 579)2005-Q2: Written permission 73 (total 579)2005-Q2: Provisional 94 (total 579)2005-Q2: Other planned 85 (total 579)2005-Q3: Under construction 322 (total 544)2005-Q3: Written permission 14 (total 544)2005-Q3: Provisional 105 (total 544)2005-Q3: Other planned 103 (total 544)2005-Q4: Under construction 281 (total 554)2005-Q4: Written permission 12 (total 554)2005-Q4: Provisional 128 (total 554)2005-Q4: Other planned 133 (total 554)2006-Q1: Under construction 270 (total 538)2006-Q1: Written permission 22 (total 538)2006-Q1: Provisional 119 (total 538)2006-Q1: Other planned 127 (total 538)2006-Q2: Under construction 236 (total 608)2006-Q2: Written permission 15 (total 608)2006-Q2: Provisional 122 (total 608)2006-Q2: Other planned 235 (total 608)2006-Q3: Under construction 237 (total 692)2006-Q3: Written permission 97 (total 692)2006-Q3: Provisional 266 (total 692)2006-Q3: Other planned 92 (total 692)2006-Q4: Under construction 344 (total 753)2006-Q4: Written permission 93 (total 753)2006-Q4: Provisional 80 (total 753)2006-Q4: Other planned 236 (total 753)2007-Q1: Under construction 367 (total 947)2007-Q1: Written permission 75 (total 947)2007-Q1: Provisional 193 (total 947)2007-Q1: Other planned 312 (total 947)2007-Q2: Under construction 373 (total 1,142)2007-Q2: Written permission 118 (total 1,142)2007-Q2: Provisional 168 (total 1,142)2007-Q2: Other planned 483 (total 1,142)2007-Q3: Under construction 417 (total 1,318)2007-Q3: Written permission 115 (total 1,318)2007-Q3: Provisional 217 (total 1,318)2007-Q3: Other planned 569 (total 1,318)2007-Q4: Under construction 471 (total 1,683)2007-Q4: Written permission 115 (total 1,683)2007-Q4: Provisional 434 (total 1,683)2007-Q4: Other planned 663 (total 1,683)2008-Q1: Under construction 737 (total 1,741)2008-Q1: Written permission 58 (total 1,741)2008-Q1: Provisional 511 (total 1,741)2008-Q1: Other planned 435 (total 1,741)2008-Q2: Under construction 1,015 (total 1,674)2008-Q2: Written permission 42 (total 1,674)2008-Q2: Provisional 277 (total 1,674)2008-Q2: Other planned 340 (total 1,674)2008-Q3: Under construction 1,134 (total 1,645)2008-Q3: Written permission 77 (total 1,645)2008-Q3: Provisional 196 (total 1,645)2008-Q3: Other planned 238 (total 1,645)2008-Q4: Under construction 1,138 (total 1,450)2008-Q4: Written permission 85 (total 1,450)2008-Q4: Provisional 163 (total 1,450)2008-Q4: Other planned 64 (total 1,450)2009-Q1: Under construction 1,076 (total 1,295)2009-Q1: Written permission 86 (total 1,295)2009-Q1: Provisional 128 (total 1,295)2009-Q1: Other planned 5 (total 1,295)2009-Q2: Under construction 1,020 (total 1,245)2009-Q2: Written permission 89 (total 1,245)2009-Q2: Provisional 134 (total 1,245)2009-Q2: Other planned 2 (total 1,245)2009-Q3: Under construction 895 (total 1,098)2009-Q3: Written permission 79 (total 1,098)2009-Q3: Provisional 120 (total 1,098)2009-Q3: Other planned 4 (total 1,098)2009-Q4: Under construction 857 (total 1,078)2009-Q4: Written permission 83 (total 1,078)2009-Q4: Provisional 123 (total 1,078)2009-Q4: Other planned 15 (total 1,078)2010-Q1: Under construction 798 (total 1,030)2010-Q1: Written permission 78 (total 1,030)2010-Q1: Provisional 139 (total 1,030)2010-Q1: Other planned 15 (total 1,030)2010-Q2: Under construction 782 (total 1,301)2010-Q2: Written permission 90 (total 1,301)2010-Q2: Provisional 102 (total 1,301)2010-Q2: Other planned 327 (total 1,301)2010-Q3: Under construction 664 (total 1,218)2010-Q3: Written permission 123 (total 1,218)2010-Q3: Provisional 100 (total 1,218)2010-Q3: Other planned 331 (total 1,218)2010-Q4: Under construction 653 (total 1,280)2010-Q4: Written permission 121 (total 1,280)2010-Q4: Provisional 288 (total 1,280)2010-Q4: Other planned 218 (total 1,280)2011-Q1: Under construction 710 (total 1,265)2011-Q1: Written permission 116 (total 1,265)2011-Q1: Provisional 168 (total 1,265)2011-Q1: Other planned 271 (total 1,265)2011-Q2: Under construction 588 (total 1,203)2011-Q2: Written permission 115 (total 1,203)2011-Q2: Provisional 173 (total 1,203)2011-Q2: Other planned 327 (total 1,203)2011-Q3: Under construction 574 (total 1,166)2011-Q3: Written permission 205 (total 1,166)2011-Q3: Provisional 154 (total 1,166)2011-Q3: Other planned 233 (total 1,166)2011-Q4: Under construction 581 (total 1,114)2011-Q4: Written permission 282 (total 1,114)2011-Q4: Provisional 39 (total 1,114)2011-Q4: Other planned 212 (total 1,114)2012-Q1: Under construction 564 (total 1,157)2012-Q1: Written permission 160 (total 1,157)2012-Q1: Provisional 38 (total 1,157)2012-Q1: Other planned 395 (total 1,157)2012-Q2: Under construction 659 (total 1,229)2012-Q2: Written permission 156 (total 1,229)2012-Q2: Provisional 299 (total 1,229)2012-Q2: Other planned 115 (total 1,229)2012-Q3: Under construction 876 (total 1,267)2012-Q3: Written permission 169 (total 1,267)2012-Q3: Provisional 128 (total 1,267)2012-Q3: Other planned 94 (total 1,267)2012-Q4: Under construction 970 (total 1,276)2012-Q4: Written permission 149 (total 1,276)2012-Q4: Provisional 41 (total 1,276)2012-Q4: Other planned 116 (total 1,276)2013-Q1: Under construction 977 (total 1,253)2013-Q1: Written permission 150 (total 1,253)2013-Q1: Provisional 37 (total 1,253)2013-Q1: Other planned 89 (total 1,253)2013-Q2: Under construction 1,002 (total 1,358)2013-Q2: Written permission 117 (total 1,358)2013-Q2: Provisional 30 (total 1,358)2013-Q2: Other planned 209 (total 1,358)2013-Q3: Under construction 871 (total 1,213)2013-Q3: Written permission 112 (total 1,213)2013-Q3: Provisional 103 (total 1,213)2013-Q3: Other planned 127 (total 1,213)2013-Q4: Under construction 800 (total 1,123)2013-Q4: Written permission 171 (total 1,123)2013-Q4: Provisional 32 (total 1,123)2013-Q4: Other planned 120 (total 1,123)2014-Q1: Under construction 849 (total 1,128)2014-Q1: Written permission 119 (total 1,128)2014-Q1: Provisional 30 (total 1,128)2014-Q1: Other planned 130 (total 1,128)2014-Q2: Under construction 860 (total 1,215)2014-Q2: Written permission 93 (total 1,215)2014-Q2: Provisional 102 (total 1,215)2014-Q2: Other planned 160 (total 1,215)2014-Q3: Under construction 986 (total 1,247)2014-Q3: Written permission 66 (total 1,247)2014-Q3: Provisional 35 (total 1,247)2014-Q3: Other planned 160 (total 1,247)2014-Q4: Under construction 814 (total 1,056)2014-Q4: Written permission 54 (total 1,056)2014-Q4: Provisional 40 (total 1,056)2014-Q4: Other planned 148 (total 1,056)2015-Q1: Under construction 746 (total 1,028)2015-Q1: Written permission 84 (total 1,028)2015-Q1: Provisional 50 (total 1,028)2015-Q1: Other planned 148 (total 1,028)2015-Q2: Under construction 769 (total 1,052)2015-Q2: Written permission 53 (total 1,052)2015-Q2: Provisional 140 (total 1,052)2015-Q2: Other planned 90 (total 1,052)2015-Q3: Under construction 741 (total 1,056)2015-Q3: Written permission 72 (total 1,056)2015-Q3: Provisional 95 (total 1,056)2015-Q3: Other planned 148 (total 1,056)2015-Q4: Under construction 715 (total 1,049)2015-Q4: Written permission 125 (total 1,049)2015-Q4: Provisional 153 (total 1,049)2015-Q4: Other planned 56 (total 1,049)2016-Q1: Under construction 825 (total 1,065)2016-Q1: Written permission 124 (total 1,065)2016-Q1: Provisional 60 (total 1,065)2016-Q1: Other planned 56 (total 1,065)2016-Q2: Under construction 796 (total 1,037)2016-Q2: Written permission 151 (total 1,037)2016-Q2: Provisional 75 (total 1,037)2016-Q2: Other planned 15 (total 1,037)2016-Q3: Under construction 722 (total 993)2016-Q3: Written permission 64 (total 993)2016-Q3: Provisional 93 (total 993)2016-Q3: Other planned 114 (total 993)2016-Q4: Under construction 617 (total 887)2016-Q4: Written permission 90 (total 887)2016-Q4: Provisional 79 (total 887)2016-Q4: Other planned 101 (total 887)2017-Q1: Under construction 604 (total 926)2017-Q1: Written permission 52 (total 926)2017-Q1: Provisional 170 (total 926)2017-Q1: Other planned 100 (total 926)2017-Q2: Under construction 480 (total 906)2017-Q2: Written permission 61 (total 906)2017-Q2: Provisional 178 (total 906)2017-Q2: Other planned 187 (total 906)2017-Q3: Under construction 385 (total 795)2017-Q3: Written permission 101 (total 795)2017-Q3: Provisional 121 (total 795)2017-Q3: Other planned 188 (total 795)2017-Q4: Under construction 501 (total 785)2017-Q4: Written permission 44 (total 785)2017-Q4: Provisional 52 (total 785)2017-Q4: Other planned 188 (total 785)2018-Q1: Under construction 636 (total 908)2018-Q1: Written permission 44 (total 908)2018-Q1: Provisional 111 (total 908)2018-Q1: Other planned 117 (total 908)2018-Q2: Under construction 574 (total 841)2018-Q2: Written permission 50 (total 841)2018-Q2: Provisional 101 (total 841)2018-Q2: Other planned 116 (total 841)2018-Q3: Under construction 625 (total 794)2018-Q3: Written permission 44 (total 794)2018-Q3: Provisional 124 (total 794)2018-Q3: Other planned 1 (total 794)2018-Q4: Under construction 632 (total 857)2018-Q4: Written permission 57 (total 857)2018-Q4: Provisional 43 (total 857)2018-Q4: Other planned 125 (total 857)2019-Q1: Under construction 689 (total 858)2019-Q1: Written permission 31 (total 858)2019-Q1: Provisional 13 (total 858)2019-Q1: Other planned 125 (total 858)2019-Q2: Under construction 690 (total 818)2019-Q2: Written permission 30 (total 818)2019-Q2: Provisional 12 (total 818)2019-Q2: Other planned 86 (total 818)2019-Q3: Under construction 696 (total 824)2019-Q3: Written permission 31 (total 824)2019-Q3: Provisional 11 (total 824)2019-Q3: Other planned 86 (total 824)2019-Q4: Under construction 628 (total 918)2019-Q4: Written permission 31 (total 918)2019-Q4: Provisional 94 (total 918)2019-Q4: Other planned 165 (total 918)2020-Q1: Under construction 521 (total 722)2020-Q1: Written permission 31 (total 722)2020-Q1: Provisional 130 (total 722)2020-Q1: Other planned 40 (total 722)2020-Q2: Under construction 453 (total 708)2020-Q2: Written permission 84 (total 708)2020-Q2: Provisional 131 (total 708)2020-Q2: Other planned 40 (total 708)2020-Q3: Under construction 480 (total 790)2020-Q3: Written permission 58 (total 790)2020-Q3: Provisional 229 (total 790)2020-Q3: Other planned 23 (total 790)2020-Q4: Under construction 478 (total 788)2020-Q4: Written permission 59 (total 788)2020-Q4: Provisional 233 (total 788)2020-Q4: Other planned 18 (total 788)2021-Q1: Under construction 465 (total 776)2021-Q1: Written permission 59 (total 776)2021-Q1: Provisional 237 (total 776)2021-Q1: Other planned 15 (total 776)2021-Q2: Under construction 449 (total 712)2021-Q2: Written permission 64 (total 712)2021-Q2: Provisional 184 (total 712)2021-Q2: Other planned 15 (total 712)2021-Q3: Under construction 472 (total 770)2021-Q3: Written permission 45 (total 770)2021-Q3: Provisional 238 (total 770)2021-Q3: Other planned 15 (total 770)2021-Q4: Under construction 469 (total 916)2021-Q4: Written permission 46 (total 916)2021-Q4: Provisional 271 (total 916)2021-Q4: Other planned 130 (total 916)2022-Q1: Under construction 510 (total 987)2022-Q1: Written permission 2 (total 987)2022-Q1: Provisional 322 (total 987)2022-Q1: Other planned 153 (total 987)2022-Q2: Under construction 520 (total 1,006)2022-Q2: Written permission 11 (total 1,006)2022-Q2: Provisional 337 (total 1,006)2022-Q2: Other planned 138 (total 1,006)2022-Q3: Under construction 551 (total 996)2022-Q3: Written permission 131 (total 996)2022-Q3: Provisional 176 (total 996)2022-Q3: Other planned 138 (total 996)2022-Q4: Under construction 542 (total 1,068)2022-Q4: Written permission 131 (total 1,068)2022-Q4: Provisional 199 (total 1,068)2022-Q4: Other planned 196 (total 1,068)2023-Q1: Under construction 504 (total 1,034)2023-Q1: Written permission 105 (total 1,034)2023-Q1: Provisional 228 (total 1,034)2023-Q1: Other planned 197 (total 1,034)2023-Q2: Under construction 568 (total 997)2023-Q2: Written permission 24 (total 997)2023-Q2: Provisional 335 (total 997)2023-Q2: Other planned 70 (total 997)2023-Q3: Under construction 564 (total 1,147)2023-Q3: Written permission 72 (total 1,147)2023-Q3: Provisional 441 (total 1,147)2023-Q3: Other planned 70 (total 1,147)2023-Q4: Under construction 559 (total 1,196)2023-Q4: Written permission 91 (total 1,196)2023-Q4: Provisional 476 (total 1,196)2023-Q4: Other planned 70 (total 1,196)2024-Q1: Under construction 620 (total 1,195)2024-Q1: Written permission 52 (total 1,195)2024-Q1: Provisional 453 (total 1,195)2024-Q1: Other planned 70 (total 1,195)2024-Q2: Under construction 505 (total 1,081)2024-Q2: Written permission 52 (total 1,081)2024-Q2: Provisional 454 (total 1,081)2024-Q2: Other planned 70 (total 1,081)2024-Q3: Under construction 397 (total 903)2024-Q3: Written permission 90 (total 903)2024-Q3: Provisional 416 (total 903)2024-Q3: Other planned 0 (total 903)2024-Q4: Under construction 424 (total 909)2024-Q4: Written permission 124 (total 909)2024-Q4: Provisional 361 (total 909)2024-Q4: Other planned 0 (total 909)2025-Q1: Under construction 456 (total 856)2025-Q1: Written permission 63 (total 856)2025-Q1: Provisional 337 (total 856)2025-Q1: Other planned 0 (total 856)2025-Q2: Under construction 518 (total 871)2025-Q2: Written permission 79 (total 871)2025-Q2: Provisional 271 (total 871)2025-Q2: Other planned 3 (total 871)2025-Q3: Under construction 527 (total 870)2025-Q3: Written permission 67 (total 870)2025-Q3: Provisional 276 (total 870)2025-Q3: Other planned 0 (total 870)2025-Q4: Under construction 531 (total 867)2025-Q4: Written permission 63 (total 867)2025-Q4: Provisional 273 (total 867)2025-Q4: Other planned 0 (total 867)2026-Q1: Under construction 520 (total 867)2026-Q1: Written permission 76 (total 867)2026-Q1: Provisional 271 (total 867)2026-Q1: Other planned 0 (total 867)2026-Q2: Under construction 495 (total 888)2026-Q2: Written permission 95 (total 888)2026-Q2: Provisional 258 (total 888)2026-Q2: Other planned 40 (total 888)Other plannedProvisionalWritten permissionUnder construction

Source: URA and JTC via SingStat. Data to 2026 Q2.

Licence: green class (Singapore Open Data Licence).

View the data as a table
The office pipeline is 888 thousand sq m: 28% below 2012 and under a third of the 1996 peak
PeriodUnder constructionWritten permissionProvisionalOther plannedTotal
1993-Q21,3391131079392,498
1993-Q31,2921112147692,386
1993-Q41,235962366312,198
1994-Q11,1551242065732,058
1994-Q21,2131411215882,063
1994-Q31,1641491348612,308
1994-Q41,1361621671,0892,554
1995-Q11,1331751871,0872,582
1995-Q21,183912969922,562
1995-Q31,243773871,0492,756
1995-Q41,078733911,1662,708
1996-Q19231124631,0702,568
1996-Q21,006865498522,493
1996-Q31,0791944718522,596
1996-Q41,2001854021,0362,823
1997-Q11,2871062891,0232,705
1997-Q21,1671312861,0372,621
1997-Q31,0951013069312,433
1997-Q41,1412022931,0202,656
1998-Q11,1431333367412,353
1998-Q21,0961282635722,059
1998-Q31,1341291324141,809
1998-Q41,1131291064551,803
1999-Q11,102991194021,722
1999-Q21,0431011154171,676
1999-Q31,02993834331,638
1999-Q4972132415611,706
2000-Q1931125893631,508
2000-Q28021281662901,386
2000-Q3708902272741,299
2000-Q4657991964031,355
2001-Q1735991983401,372
2001-Q2568992414091,317
2001-Q35031323101691,114
2001-Q45071313641121,114
2002-Q13751613422091,087
2002-Q23063012123071,126
2002-Q3463158199165985
2002-Q43991591752735
2003-Q13991651562722
2003-Q239014015537722
2003-Q338415212633695
2003-Q43271471176597
2004-Q1309147979562
2004-Q23181391022561
2004-Q335495890538
2004-Q432270935490
2005-Q1334719084579
2005-Q2327739485579
2005-Q332214105103544
2005-Q428112128133554
2006-Q127022119127538
2006-Q223615122235608
2006-Q32379726692692
2006-Q43449380236753
2007-Q136775193312947
2007-Q23731181684831,142
2007-Q34171152175691,318
2007-Q44711154346631,683
2008-Q1737585114351,741
2008-Q21,015422773401,674
2008-Q31,134771962381,645
2008-Q41,13885163641,450
2009-Q11,0768612851,295
2009-Q21,0208913421,245
2009-Q38957912041,098
2009-Q485783123151,078
2010-Q179878139151,030
2010-Q2782901023271,301
2010-Q36641231003311,218
2010-Q46531212882181,280
2011-Q17101161682711,265
2011-Q25881151733271,203
2011-Q35742051542331,166
2011-Q4581282392121,114
2012-Q1564160383951,157
2012-Q26591562991151,229
2012-Q3876169128941,267
2012-Q4970149411161,276
2013-Q197715037891,253
2013-Q21,002117302091,358
2013-Q38711121031271,213
2013-Q4800171321201,123
2014-Q1849119301301,128
2014-Q2860931021601,215
2014-Q398666351601,247
2014-Q481454401481,056
2015-Q174684501481,028
2015-Q276953140901,052
2015-Q374172951481,056
2015-Q4715125153561,049
2016-Q182512460561,065
2016-Q279615175151,037
2016-Q37226493114993
2016-Q46179079101887
2017-Q160452170100926
2017-Q248061178187906
2017-Q3385101121188795
2017-Q45014452188785
2018-Q163644111117908
2018-Q257450101116841
2018-Q3625441241794
2018-Q46325743125857
2019-Q16893113125858
2019-Q2690301286818
2019-Q3696311186824
2019-Q46283194165918
2020-Q15213113040722
2020-Q24538413140708
2020-Q34805822923790
2020-Q44785923318788
2021-Q14655923715776
2021-Q24496418415712
2021-Q34724523815770
2021-Q446946271130916
2022-Q15102322153987
2022-Q2520113371381,006
2022-Q3551131176138996
2022-Q45421311991961,068
2023-Q15041052281971,034
2023-Q25682433570997
2023-Q356472441701,147
2023-Q455991476701,196
2024-Q162052453701,195
2024-Q250552454701,081
2024-Q3397904160903
2024-Q44241243610909
2025-Q1456633370856
2025-Q2518792713871
2025-Q3527672760870
2025-Q4531632730867
2026-Q1520762710867
2026-Q24959525840888