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.

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.