CBD Grade A office rents forecast to rise up to 7% in 2026
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Cushman & Wakefield (C&W) forecasts CBD Grade A office rents to rise between 4% and 7% in 2026, compared to 2% to 3% in 2025. Vacancy rates are expected to fall below 4% amidst limited new supply. Shaw Tower will be the only new major Grade A office development completed in 2026. Leasing activity has picked up, led by demand from the wealth management sector. Fit-out costs in Singapore offices are projected to rise at a slower pace as inflation pressures ease.
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