Median office rentals upon lease commencement Singapore Q2 2018-Q4 2023, by category

Value of median rentals on lease commencement of office spaces in Singapore from 1st quarter 2018 to 4th quarter 2023, by category

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Source

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Release date

January 2024

Region

Singapore

Survey time period

Q2 2018 to Q4 2023

Supplementary notes

1 Singapore dollar is equal to 0.74 U.S. dollars and 0.69 euros as of March 2024.

According to the source, Category 1 office space “refers to office space in buildings located in core business areas in Downtown Core and Orchard Planning Area which are relatively modern or recently refurbished, command relatively high rentals and have large floor plate size and gross floor area.”
Category 2 refers to the remaining office space in Singapore which are not included in “Category 1”.

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