Office rents in Singapore’s central region dip 0.3% in Q2 2025, URA data shows

Office rents slip 0.3% q-o-q in 2Q2025 wiping out gains in previous quarter

Overall rents in Singapore’s office market fell by 0.3% q-o-q in 2Q2025, broadly erasing the marginal quarterly gain of 0.3% that it recorded in the first three months of this year, according to the latest URA statistics published on July 25. On a yearly basis, the rental performance of the office market contracted 1.4% compared to the same period last year. This is the first annual decline the office market has registered since 3Q2021. Leonard …

Office rents in Singapore’s central region dip 0.3% in Q2 2025, URA data shows

The Urban Redevelopment Authority’s (URA) office rental index for Singapore’s central region fell 0.3 per cent in the second quarter of 2025 over the preceding quarter.