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-Q2
Index201.8
QoQ+0.8%
YoY+0.9%

In 2026-Q2, the office commercial rental index stood at 201.8, up 0.8% quarter-on-quarter and up 0.9% year-on-year. Source: URA commercial rental index.

Office commercial rents have risen 0.9% 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-Q2 201.8 +0.8%
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%