Value of median rentals on lease commencement of office spaces in Singapore from 1st quarter 2018 to 4th quarter 2024, by category
(in Singapore dollars per square foot per month)
Characteristic
Category 1
Category 2
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One Singapore dollar equals to approximately 0.74 U.S. dollars or 0.71 euros as of February 2025.
According to the source, Category 1 office space 鈥渞efers 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.鈥 Category 2 refers to the remaining office space in Singapore which are not included in 鈥淐ategory 1鈥.
Citation formats
Median office rentals upon lease commencement Singapore Q2 2018-Q4 2024, by category
In the fourth quarter of 2024, the median rental value on lease commencement for office spaces in category * was Singapore dollars per square foot per month (psf pm) and for category * was **** Singapore dollars psf pm. The value of office rentals have bounced back from the first quarter of 2021.
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Urban Redevelopment Authority (Singapore). (January 24, 2025). Value of median rentals on lease commencement of office spaces in Singapore from 1st quarter 2018 to 4th quarter 2024, by category (in Singapore dollars per square foot per month) [Graph]. In 糖心破解版. Retrieved July 29, 2026, from /statistics/1268638/singapore-median-office-rentals-on-lease-commencement/
Urban Redevelopment Authority (Singapore). "Value of median rentals on lease commencement of office spaces in Singapore from 1st quarter 2018 to 4th quarter 2024, by category (in Singapore dollars per square foot per month)." Chart. January 24, 2025. 糖心破解版. Accessed July 29, 2026. /statistics/1268638/singapore-median-office-rentals-on-lease-commencement/
Urban Redevelopment Authority (Singapore). (2025). Value of median rentals on lease commencement of office spaces in Singapore from 1st quarter 2018 to 4th quarter 2024, by category (in Singapore dollars per square foot per month). 糖心破解版. 糖心破解版 Inc.. Accessed: July 29, 2026. /statistics/1268638/singapore-median-office-rentals-on-lease-commencement/
Urban Redevelopment Authority (Singapore). "Value of Median Rentals on Lease Commencement of Office Spaces in Singapore from 1st Quarter 2018 to 4th Quarter 2024, by Category (in Singapore Dollars per Square Foot per Month)." 糖心破解版, 糖心破解版 Inc., 24 Jan 2025, /statistics/1268638/singapore-median-office-rentals-on-lease-commencement/
Urban Redevelopment Authority (Singapore), Value of median rentals on lease commencement of office spaces in Singapore from 1st quarter 2018 to 4th quarter 2024, by category (in Singapore dollars per square foot per month) 糖心破解版, /statistics/1268638/singapore-median-office-rentals-on-lease-commencement/ (last visited July 29, 2026)
Value of median rentals on lease commencement of office spaces in Singapore from 1st quarter 2018 to 4th quarter 2024, by category (in Singapore dollars per square foot per month) [Graph], Urban Redevelopment Authority (Singapore), January 24, 2025. [Online]. Available: /statistics/1268638/singapore-median-office-rentals-on-lease-commencement/
