Commercial Office Rental Index

Looking for residential price tracking? See the ShiokNest Property Index (SPI) — monthly composite for private, HDB, and landed.

Office Commercial Rental Index

Latest quarter2026-Q1
Index200.2
QoQ-0.2%
YoY-0.2%

In 2026-Q1, the office commercial rental index stood at 200.2, down 0.2% quarter-on-quarter and down 0.2% year-on-year. Source: URA commercial rental index.

Office commercial rents have eased 0.2% over the past year. The rental index tracks median contracted rents (Q1 2016 = 100), not capital values or per-sqft rates.

Recent quarters
Quarter Index QoQ
2026-Q1 200.2 -0.2%
2025-Q4 200.6 +0.4%
2025-Q3 199.8 -0.1%
2025-Q2 200.0 -0.3%
2025-Q1 200.6 +0.3%
2024-Q4 200.0 -0.9%
2024-Q3 201.8 -0.5%
2024-Q2 202.8 +3.1%