Island-wide retail occupancy held steady at 93.7% in Q1 2026 despite high-profile store closures, as vacancies were quickly backfilled amid international visitor arrivals of 4.4 million — up 9.8% from Q4 2025. Prime Orchard/Scotts Road rents are projected to grow at 1.5% to 2.5% through 2026.

Central Region office rents remained broadly stable in Q1 2026, easing marginally by 0.2%, as island-wide occupancy held firm at 95.0%. New supply remains highly constrained, with Shaw Tower the only major completion expected in Q2 2026.

The JTC all industrial rental index rose 0.4% in Q1 2026, with all segments recording positive rental growth and overall occupancy climbing to 88.9%, driven by stronger occupier demand for multiple-user and single-user factory spaces. Industrial rents are expected to grow steadily at 1% to 3% through 2026.

New home sales rebounded in March with 1,300 transactions across three new launches, while Rivelle Tampines EC set two price records in the executive condominium segment. Eyes now turn to upcoming launches Vela Bay and Tengah Garden Residences, the first private residential projects in the Bayshore and Tengah precincts respectively.

Luxury home sales rose in Q1 2026 with 188 transactions, surpassing both Q3 and Q4 2025 and outpacing the three-quarter average of 137 units, with new sales marking their fourth consecutive quarter of growth. CCR condos priced above S$3,000 psf and S$5 million climbed to 75 deals, even as total transaction value edged down slightly to S$1.7 billion.

HDB resale prices dipped marginally by 0.1% in Q1 2026 — the first decline in seven years — with 20 towns recording either minimal gains or price falls. Demand for premium flats held firm, with million-dollar transactions reaching a Q1 record of 412 units and deals above S$800,000 jumping 30%, while the full-year price growth projection is maintained at 2% to 4%.

Private home prices rose at a slower pace in Q1 2026, with sales dipping across most segments, though new homes in prime locations, executive condominiums, select suburban projects, and luxury residences continued to perform. Resale prices held steady despite fewer transactions, and landed prices for new properties edged up, with the full-year price growth projection maintained at 2.5% to 4.5%.

New home sales dipped in February as the Chinese New Year period tempered activity, though Newport Residences continued to move units, bringing its cumulative sales to 163 of 246 since its January launch. Demand is expected to remain robust as more suburban launches come to market over the coming months.

The JTC all industrial rental index rose 0.5% in Q4 2025, with all segments posting positive growth, even as overall occupancy dipped to 88.7% on the back of strong completions. Industrial rents are expected to grow steadily at 1% to 3% through 2026.

Singapore's investment sales strengthened to S$13.7 billion in Q4 2025, underpinned by easing interest rates and broad buyer confidence across office, retail, industrial, and government land segments. Office and industrial markets held firm with rising rents and occupancy, while retail remained stable on resilient domestic demand and 16.9 million visitor arrivals for the full year. Residential prices grew at a slower pace of 0.6% in Q4, though total sales hit a four-year high

Singapore's retail market remained stable in Q4 2025, with island-wide occupancy edging up to 93.7% on resilient suburban demand and steady city-area absorption. New supply is expected to stay limited through 2026 and 2027, supporting rental growth projections of 1.5% to 2.5% along prime Orchard/Scotts Road and 1% to 2% across other city and fringe/suburban locations.

Island-wide office occupancy rose to 95.1% in Q4 2025 — the highest since Q1 2024 — driven by net absorption in the CBD, with Central Region rents edging up 0.4% quarter-on-quarter supported by premium Marina Bay pricing. Capital values continued to soften, with the Central Region office price index slipping 0.7% quarter-on-quarter, even as large-ticket transactions such as MBFC Tower 3 kept deal activity supported.