Figures
Singapore Figures Q2 2025
July 10, 2025 10 Minute Read
Executive Summary
–Office: The office market remained resilient in Q2 2025, marking its second straight quarter of rental growth despite ongoing global economic and geopolitical uncertainties.
–Business Parks: Sustained demand for high-specification, well-connected buildings helped keep the overall vacancy rate stable at 21.7%.
–Retail: The City Hall/Marina Centre submarket led performance in Q2 2025, supported by sustained demand for prime retail spaces. Consequently, islandwide prime retail rents recorded a 0.7% q-o-q increase, bringing H1 2025 rent growth to 1.3%.
–Industrial: Despite a 2.1% decline in prime logistics rents in H1 2025, CBRE Research expects a potential rebound in prime logistics rents in H2 2025, underpinned by sustained leasing demand for quality spaces.
–Residential: New home sales plunged in Q2 2025 amid a sharp drop in project launches and growing market caution. Prices grew at a slower pace for a second consecutive quarter.
–Investment: Preliminary private investment volumes in Q2 2025 were up by 11.9% q-o-q at $4.188 bn. H1 2025 private investment volumes amounted to $7.930 bn, up 18.2% y-o-y.