Singapore’s luxury rental market shows 1.5% growth YoY in Q2 2025: report

It achieved 43% aggregate prime rental growth in the last 5 years.

Knight Frank’s Prime Global Rental Index for the second quarter of 2025 showed that the growth for luxury rental in Singapore was 1.5% year-on-year. Compared to the previous quarter, the growth was at 1.8%.

Over the past five years, Singapore posted a robust gain in prime-rental growth of around 43%.

Overall, the report showed that the global luxury rental market showed a modest resurgence in 2025, a firm recovery from last year’s slowdown. Rental growth ticked up in Q2 2025, with annual growth averaging 3.5% across their 16-city index, up from 3% in Q1.

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