Vacancy tightened to 4% from 5.6% in 3Q2025. Still, this is higher than the historical average of 2.5% between 2021 and 2025. Photo: Bloomberg
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Core CBD Premium and Grade A rents in Singapore rose 0.8% q-o-q to $11.82 psf in 4Q2025, bringing full-year 2025 rent growth to 1.2% y-o-y. This is above the historical average of $11.43 between 2021 and 2025.
Meanwhile, vacancy tightened to 4% from 5.6% in 3Q2025, with net absorption around 320,000 sq ft in 4Q2025 and 856,000 sq ft for 2025. Still, vacancy is higher than the historical average of 2.5% between 2021 and 2025.
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