Commercial Retail Rental Index

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

Retail Commercial Rental Index

Latest quarter2026-Q1
Index80.1
QoQ-0.6%
YoY+1.8%

In 2026-Q1, the retail commercial rental index stood at 80.1, down 0.6% quarter-on-quarter and up 1.8% year-on-year. Source: URA commercial rental index.

Retail commercial rents have risen 1.8% 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 80.1 -0.6%
2025-Q4 80.6 +0.6%
2025-Q3 80.1 +0.9%
2025-Q2 79.4 +0.9%
2025-Q1 78.7 -0.5%
2024-Q4 79.1 +0.6%
2024-Q3 78.6 +0.3%
2024-Q2 78.4 +0.0%