Office market growth stalls as expansion intent falls to 13%

Companies are prioritising upgrades over expansion as strategy shift reshapes office planning.

Only 13% of facilities managers in Singapore expect expansion, as organisations prioritise improvements to existing offices instead of structural growth, according to a Crown Workspace report.

Singapore is also the least likely to increase office footprint amongst surveyed economies, including the UK, the US, India, New Zealand, and Hong Kong.

Organisations in the city-state are investing in workspace changes such as furniture for focused work, clearer zoning, and layouts that support movement between individual tasks and collaboration.

The report also found that 80% of employees in Singapore say the office is important or very important for productivity and creativity, citing quiet rooms, seating, and meeting areas as factors that influence on-site work performance.

Across all markets, 91% of employees say they would spend more time in the office if the environment supported their needs.

In Singapore, employees particularly highlight comfort, access to tools, and functional workspaces.

The study points to organisations in Singapore shifting focus from office size to workplace performance.

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