Digest — Singapore — Q1 2026

Better than expected performance

Investment

Singapore's investment sales activity strengthened to S$15.6 billion in 1Q 2026, driven by large deals across both private and public sectors, as well as easing interest rates and currency stability.

Office

Office rents in the Central Region declined marginally by 0.2% QoQ in 1Q 2026. Total available shadow space decreased by 2.3% to 422,000 sq ft NLA, attributed to a reduction of around 25,000 sq ft NLA in the CBD area.

Industrial

Industrial property prices grew at a slower pace in 1Q 2026, led by multiple-user factories which posted a quarterly increase of 1.7%.

Retail

Island-wide retail occupancy held steady, despite several high-profile store closures as vacancies quickly backfilled with new and existing brands opening outlets.

Residential

Private home prices rose at a faster pace in 1Q 2026, although sales activity softened. Rental prices rebounded marginally from a 0.5% QoQ drop in 4Q 2025 to a 0.3% increase in 1Q 2026.

Read more here: https://etcsea.com/singapore-1q-2026/