Landed property rentals and vacancies
How have landed rents and vacancy moved against prices?
Looks at landed rents and vacancies with the URA rent index and the vacancy series, because there is no rent per sq ft by landed type. Landed rents fell 23.1% from 2013 Q3 to 2020 Q3 and then jumped, but rents have not kept up with prices. Landed vacancy stayed low to 2017 and has risen since.
FreeKey figures
Landed rents rose 78% from 2020 Q3 to 2023 Q3, after a 23% fall from 2013 Q3 to 2020 Q3
URA rent index (2009 Q1 = 100), 1998 Q4 to 2026 Q2; vacancy averages via SingStat, 1988 Q1 to 2026 Q2
Source: URA rent index and vacancy via SingStat. Rent index M212311, available and vacant homes M400841. Data to 2026 Q2.
Licence: green class (Singapore Open Data Licence).
View the data as a table
| Measure | Value | Note |
|---|---|---|
| Landed rent, 2020-2023 | +77.9% | non-landed +55.1% |
| Peak landed rent index | 164.2 | 2023 Q3; 2009 Q1 = 100 |
| Landed rent, 2013-2020 | -23.1% | 2013 Q3 to 2020 Q3 |
| Landed vacancy, average | 5.2% | non-landed 7.6% |
FreeLine chart
Landed rents fell 23% from 2013 to 2020, then rose 69% by 2026
Private residential rent index, 2009 Q1 = 100. Landed and non-landed, 1998 Q4 to 2026 Q2 (URA)
Landed rents peaked in 2013 Q3 at 120.0 and fell to 92.3 in 2020 Q3. Both landed and non-landed rents peaked again in 2023 Q3, landed at 164.2 and non-landed at 163.3.
Source: URA, private residential rent index via SingStat. 2009 Q1 = 100, 1998 Q4 to 2026 Q2. Data to 2026 Q2.
Licence: green class (Singapore Open Data Licence).
View the data as a table
| Period | Landed | Non-landed |
|---|---|---|
| 1998-Q4 | 73 | 71 |
| 1999-Q1 | 69 | 68 |
| 1999-Q2 | 70 | 68 |
| 1999-Q3 | 72 | 69 |
| 1999-Q4 | 73 | 70 |
| 2000-Q1 | 73 | 70 |
| 2000-Q2 | 74 | 71 |
| 2000-Q3 | 76 | 73 |
| 2000-Q4 | 73 | 70 |
| 2001-Q1 | 72 | 70 |
| 2001-Q2 | 72 | 70 |
| 2001-Q3 | 72 | 69 |
| 2001-Q4 | 71 | 68 |
| 2002-Q1 | 69 | 68 |
| 2002-Q2 | 69 | 68 |
| 2002-Q3 | 69 | 68 |
| 2002-Q4 | 69 | 68 |
| 2003-Q1 | 68 | 66 |
| 2003-Q2 | 67 | 65 |
| 2003-Q3 | 67 | 64 |
| 2003-Q4 | 66 | 64 |
| 2004-Q1 | 66 | 63 |
| 2004-Q2 | 66 | 64 |
| 2004-Q3 | 67 | 64 |
| 2004-Q4 | 67 | 64 |
| 2005-Q1 | 67 | 65 |
| 2005-Q2 | 68 | 65 |
| 2005-Q3 | 68 | 66 |
| 2005-Q4 | 69 | 66 |
| 2006-Q1 | 69 | 67 |
| 2006-Q2 | 70 | 68 |
| 2006-Q3 | 73 | 72 |
| 2006-Q4 | 76 | 76 |
| 2007-Q1 | 79 | 82 |
| 2007-Q2 | 86 | 91 |
| 2007-Q3 | 94 | 102 |
| 2007-Q4 | 101 | 109 |
| 2008-Q1 | 107 | 115 |
| 2008-Q2 | 112 | 118 |
| 2008-Q3 | 113 | 116 |
| 2008-Q4 | 108 | 110 |
| 2009-Q1 | 100 | 100 |
| 2009-Q2 | 96 | 94 |
| 2009-Q3 | 94 | 92 |
| 2009-Q4 | 96 | 93 |
| 2010-Q1 | 99 | 97 |
| 2010-Q2 | 105 | 103 |
| 2010-Q3 | 109 | 107 |
| 2010-Q4 | 110 | 110 |
| 2011-Q1 | 112 | 111 |
| 2011-Q2 | 115 | 112 |
| 2011-Q3 | 116 | 113 |
| 2011-Q4 | 116 | 114 |
| 2012-Q1 | 116 | 114 |
| 2012-Q2 | 116 | 115 |
| 2012-Q3 | 117 | 116 |
| 2012-Q4 | 118 | 117 |
| 2013-Q1 | 119 | 117 |
| 2013-Q2 | 120 | 118 |
| 2013-Q3 | 120 | 118 |
| 2013-Q4 | 119 | 117 |
| 2014-Q1 | 117 | 117 |
| 2014-Q2 | 114 | 117 |
| 2014-Q3 | 115 | 115 |
| 2014-Q4 | 113 | 114 |
| 2015-Q1 | 111 | 112 |
| 2015-Q2 | 110 | 111 |
| 2015-Q3 | 110 | 110 |
| 2015-Q4 | 108 | 109 |
| 2016-Q1 | 105 | 108 |
| 2016-Q2 | 103 | 107 |
| 2016-Q3 | 103 | 106 |
| 2016-Q4 | 100 | 105 |
| 2017-Q1 | 98 | 104 |
| 2017-Q2 | 98 | 104 |
| 2017-Q3 | 98 | 104 |
| 2017-Q4 | 97 | 103 |
| 2018-Q1 | 97 | 104 |
| 2018-Q2 | 101 | 104 |
| 2018-Q3 | 101 | 105 |
| 2018-Q4 | 99 | 104 |
| 2019-Q1 | 99 | 105 |
| 2019-Q2 | 99 | 106 |
| 2019-Q3 | 97 | 107 |
| 2019-Q4 | 96 | 106 |
| 2020-Q1 | 95 | 107 |
| 2020-Q2 | 92 | 106 |
| 2020-Q3 | 92 | 105 |
| 2020-Q4 | 93 | 105 |
| 2021-Q1 | 94 | 108 |
| 2021-Q2 | 95 | 111 |
| 2021-Q3 | 99 | 113 |
| 2021-Q4 | 101 | 116 |
| 2022-Q1 | 106 | 120 |
| 2022-Q2 | 109 | 129 |
| 2022-Q3 | 121 | 140 |
| 2022-Q4 | 129 | 150 |
| 2023-Q1 | 147 | 159 |
| 2023-Q2 | 157 | 163 |
| 2023-Q3 | 164 | 163 |
| 2023-Q4 | 158 | 160 |
| 2024-Q1 | 151 | 158 |
| 2024-Q2 | 150 | 157 |
| 2024-Q3 | 154 | 157 |
| 2024-Q4 | 152 | 158 |
| 2025-Q1 | 152 | 158 |
| 2025-Q2 | 153 | 160 |
| 2025-Q3 | 157 | 162 |
| 2025-Q4 | 152 | 161 |
| 2026-Q1 | 152 | 162 |
| 2026-Q2 | 156 | 163 |
FreeLine chart
Landed vacancy has more than tripled since 2015, to 10.9%, twice the non-landed rate
Vacant homes as % of available homes, end of quarter. Landed and non-landed, 1988 Q1 to 2026 Q2 (URA via SingStat)
From 2013 Q1 to 2017 Q4 landed vacancy stayed between 3.2% and 4.8%. It then rose in every quarter from 2023 Q3 to 2026 Q2, twelve quarters in a row, and has been above non-landed vacancy since 2024 Q4.
Source: URA via SingStat, available and vacant private residential properties. Vacant homes divided by available homes, end of quarter, 1988 Q1 to 2026 Q2. Data to 2026 Q2.
Licence: green class (Singapore Open Data Licence).
View the data as a table
| Period | Landed | Non-landed |
|---|---|---|
| 1988-Q1 | 7% | 11% |
| 1988-Q2 | 7% | 8% |
| 1988-Q3 | 7% | 7% |
| 1988-Q4 | 5% | 7% |
| 1989-Q1 | 4% | 6% |
| 1989-Q2 | 6% | 7% |
| 1989-Q3 | 6% | 6% |
| 1989-Q4 | 6% | 5% |
| 1990-Q1 | 7% | 6% |
| 1990-Q2 | 7% | 7% |
| 1990-Q3 | 8% | 7% |
| 1990-Q4 | 6% | 7% |
| 1991-Q1 | 8% | 6% |
| 1991-Q2 | 8% | 6% |
| 1991-Q3 | 8% | 7% |
| 1991-Q4 | 7% | 6% |
| 1992-Q1 | 7% | 7% |
| 1992-Q2 | 6% | 7% |
| 1992-Q3 | 6% | 7% |
| 1992-Q4 | 6% | 8% |
| 1993-Q1 | 5% | 9% |
| 1993-Q2 | 6% | 9% |
| 1993-Q3 | 7% | 9% |
| 1993-Q4 | 5% | 8% |
| 1994-Q1 | 5% | 7% |
| 1994-Q2 | 5% | 7% |
| 1994-Q3 | 4% | 9% |
| 1994-Q4 | 5% | 8% |
| 1995-Q1 | 5% | 6% |
| 1995-Q2 | 5% | 7% |
| 1995-Q3 | 5% | 7% |
| 1995-Q4 | 5% | 6% |
| 1996-Q1 | 6% | 7% |
| 1996-Q2 | 6% | 6% |
| 1996-Q3 | 6% | 6% |
| 1996-Q4 | 6% | 6% |
| 1997-Q1 | 6% | 8% |
| 1997-Q2 | 6% | 10% |
| 1997-Q3 | 6% | 11% |
| 1997-Q4 | 6% | 11% |
| 1998-Q1 | 6% | 10% |
| 1998-Q2 | 6% | 12% |
| 1998-Q3 | 6% | 12% |
| 1998-Q4 | 5% | 11% |
| 1999-Q1 | 5% | 10% |
| 1999-Q2 | 6% | 10% |
| 1999-Q3 | 6% | 9% |
| 1999-Q4 | 5% | 9% |
| 2000-Q1 | 7% | 10% |
| 2000-Q2 | 6% | 10% |
| 2000-Q3 | 6% | 9% |
| 2000-Q4 | 4% | 8% |
| 2001-Q1 | 5% | 7% |
| 2001-Q2 | 5% | 8% |
| 2001-Q3 | 5% | 9% |
| 2001-Q4 | 6% | 9% |
| 2002-Q1 | 5% | 9% |
| 2002-Q2 | 6% | 9% |
| 2002-Q3 | 6% | 9% |
| 2002-Q4 | 6% | 10% |
| 2003-Q1 | 5% | 9% |
| 2003-Q2 | 5% | 9% |
| 2003-Q3 | 5% | 10% |
| 2003-Q4 | 5% | 9% |
| 2004-Q1 | 5% | 10% |
| 2004-Q2 | 5% | 10% |
| 2004-Q3 | 5% | 10% |
| 2004-Q4 | 4% | 10% |
| 2005-Q1 | 5% | 11% |
| 2005-Q2 | 5% | 10% |
| 2005-Q3 | 5% | 10% |
| 2005-Q4 | 5% | 10% |
| 2006-Q1 | 5% | 8% |
| 2006-Q2 | 5% | 7% |
| 2006-Q3 | 5% | 7% |
| 2006-Q4 | 5% | 7% |
| 2007-Q1 | 4% | 5% |
| 2007-Q2 | 4% | 5% |
| 2007-Q3 | 5% | 6% |
| 2007-Q4 | 5% | 6% |
| 2008-Q1 | 4% | 7% |
| 2008-Q2 | 4% | 7% |
| 2008-Q3 | 3% | 7% |
| 2008-Q4 | 4% | 7% |
| 2009-Q1 | 4% | 7% |
| 2009-Q2 | 4% | 7% |
| 2009-Q3 | 3% | 7% |
| 2009-Q4 | 4% | 6% |
| 2010-Q1 | 3% | 5% |
| 2010-Q2 | 3% | 6% |
| 2010-Q3 | 3% | 6% |
| 2010-Q4 | 3% | 6% |
| 2011-Q1 | 3% | 6% |
| 2011-Q2 | 3% | 6% |
| 2011-Q3 | 4% | 7% |
| 2011-Q4 | 3% | 7% |
| 2012-Q1 | 3% | 7% |
| 2012-Q2 | 3% | 7% |
| 2012-Q3 | 4% | 7% |
| 2012-Q4 | 3% | 6% |
| 2013-Q1 | 3% | 6% |
| 2013-Q2 | 3% | 6% |
| 2013-Q3 | 3% | 7% |
| 2013-Q4 | 3% | 7% |
| 2014-Q1 | 3% | 8% |
| 2014-Q2 | 4% | 8% |
| 2014-Q3 | 4% | 8% |
| 2014-Q4 | 3% | 9% |
| 2015-Q1 | 3% | 8% |
| 2015-Q2 | 3% | 9% |
| 2015-Q3 | 3% | 9% |
| 2015-Q4 | 4% | 9% |
| 2016-Q1 | 3% | 9% |
| 2016-Q2 | 4% | 10% |
| 2016-Q3 | 4% | 10% |
| 2016-Q4 | 4% | 10% |
| 2017-Q1 | 4% | 9% |
| 2017-Q2 | 4% | 9% |
| 2017-Q3 | 5% | 9% |
| 2017-Q4 | 4% | 9% |
| 2018-Q1 | 5% | 8% |
| 2018-Q2 | 5% | 8% |
| 2018-Q3 | 5% | 7% |
| 2018-Q4 | 5% | 7% |
| 2019-Q1 | 4% | 7% |
| 2019-Q2 | 5% | 7% |
| 2019-Q3 | 5% | 6% |
| 2019-Q4 | 5% | 6% |
| 2020-Q1 | 5% | 6% |
| 2020-Q2 | 5% | 6% |
| 2020-Q3 | 5% | 6% |
| 2020-Q4 | 5% | 7% |
| 2021-Q1 | 5% | 7% |
| 2021-Q2 | 5% | 7% |
| 2021-Q3 | 5% | 7% |
| 2021-Q4 | 5% | 6% |
| 2022-Q1 | 5% | 5% |
| 2022-Q2 | 5% | 6% |
| 2022-Q3 | 5% | 6% |
| 2022-Q4 | 5% | 6% |
| 2023-Q1 | 5% | 6% |
| 2023-Q2 | 5% | 6% |
| 2023-Q3 | 6% | 9% |
| 2023-Q4 | 6% | 9% |
| 2024-Q1 | 6% | 7% |
| 2024-Q2 | 6% | 6% |
| 2024-Q3 | 7% | 7% |
| 2024-Q4 | 7% | 6% |
| 2025-Q1 | 7% | 6% |
| 2025-Q2 | 8% | 7% |
| 2025-Q3 | 9% | 6% |
| 2025-Q4 | 9% | 5% |
| 2026-Q1 | 10% | 5% |
| 2026-Q2 | 11% | 5% |
FreeTimeline
Landed rents fell for seven years, then jumped; vacancy has risen for twelve quarters
Phases from the URA rent index and vacancy series (SingStat table M400841), 2012 to 2026 Q2
Source: URA rent index and vacancy via SingStat. 2012 to 2026 Q2. Years are the quarters named in the text.
View the data as a table
| Event | Start | End | Note |
|---|---|---|---|
| Rents fall 23.1% | 2013-Q3 | 2020-Q3 | to 92.3 |
| Rents rise to the peak | 2020-Q3 | 2023-Q3 | 164.2 |
| Rents slip 4.7% | 2023-Q3 | 2026-Q2 | |
| Vacancy 3.2% to 4.8% | 2013-Q1 | 2017-Q4 | |
| 12 rises in a row | 2023-Q3 | 2026-Q2 | to 10.9% |
| Above non-landed | 2024-Q4 | from 2024 Q4 | |
| Peak 10.4% | 2016-Q2 |