Median office rentals upon lease commencement Singapore Q2 2018-Q4 2023, by category
In the fourth quarter of 2023, the median rental value on lease commencement for office spaces in category 1 was 11.98 Singapore dollars per square foot per month (psf pm) and for category 2 was 6.24 Singapore dollars psf pm. The value of office rentals have bounced back from the first quarter of 2021.