Compared to 4Q2025, the four firms place the q-o-q increase in average monthly rent at between 0.5% and 1.5%, with the latter figure from Colliers marking the strongest quarterly gain since 2Q2022.
Rents for the most highly-sought-after core CBD Grade-A office spaces in Singapore rose for the fifth consecutive quarter in 1Q2026, a result of firm occupier demand and tightening supply of large, contiguous floor plates.
Data from Knight Frank, JLL, Colliers and CBRE place the average monthly rent for Singapore’s premier office spaces at between $12 and $12.70 psf. At $12.04 psf per month, the average gross effective rent for CBD Grade-A offices is at its highest level since 1Q2009, according to JLL.
