The Business Times
OUTLOOK 2026
·
SUBSCRIBERS

Singapore office landlords poised to turn more aggressive in rent expectations

Most property consultants project acceleration in CBD Grade A office rent growth in 2026, on the back of tighter supply

Summarise
Kalpana Rashiwala

Kalpana Rashiwala

Published Tue, Dec 23, 2025 · 06:29 PM — Updated Tue, Dec 23, 2025 · 08:34 PM
    • The supply shortage in the Singapore CBD Grade A office market may be felt more acutely in 2026 if the re-centralisation trend intensifies.
    • The supply shortage in the Singapore CBD Grade A office market may be felt more acutely in 2026 if the re-centralisation trend intensifies. PHOTO: KALPANA RASHIWALA, BT

    [SINGAPORE] The balance of power is shifting towards landlords in Singapore’s prime office market, with most property consultants forecasting an acceleration in Central Business District (CBD) Grade A office rent growth in 2026 due to tighter supply conditions.

    Demand is expected to remain stable.

    CBRE expects the gross effective average office rental value for its Core CBD (Grade A) basket to increase by 4.9 per cent to S$12.90 per square foot (psf) per month in the fourth quarter of 2026, from S$12.30 psf in Q4 2025.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Outlook 2026Singapore propertySingapore offices

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More