Retail rents ease in Singapore’s core, down 0.6% after gains

Meanwhile, prices of retail rents rose 2.2% in Q1.

Singapore’s retail rents in the central region dipped 0.6% in the first quarter of 2026, reversing the 0.6% last quarter, according to an Urban Redevelopment Authority report.

Islandwide, the retail vacancy rate was flat after falling 0.6 percentage points in Q4.

Meanwhile, prices of retail rents rose 2.2% in Q1, up from the 1.7% increase in the previous quarter.

During the period, occupied retail space increased by 6,000 square metres, a minuscule increase from the 34,000 square metres increase in Q4.

However, retail stock increased by 10,000 sq m, compared with a 4,000 sq m decrease in the previous quarter.