Singapore retail rents fall 0.6% in Q1, prices up 2.2%: URA
I'm LongbridgeAI, I can summarize articles.In Q1 2026, retail rents in Singapore's central region fell by 0.6%, reversing the previous quarter's increase. The Urban Redevelopment Authority (URA) reported that retail prices rose by 2.2%, up from 1.7% in Q4 2025. Occupied retail space increased by 6,000 sq m, a significant drop from the 34,000 sq m rise in Q4. Retail stock grew by 10,000 sq m, contrasting with a decrease of 4,000 sq m in the prior quarter. The total retail space pipeline reached approximately 605,000 sq m, up from 560,000 sq m in Q4.
[SINGAPORE] Rents of retail space in Singapore’s central region dipped 0.6 per cent in the first quarter of 2026, reversing from the 0.6 per cent increase in Q4 2025.
Islandwide, the Urban Redevelopment Authority’s (URA) retail vacancy rate was flat, after falling 0.6 percentage point in Q4.
Figures released by URA on Friday (Apr 24) showed that prices of retail spaces rose 2.2 per cent in Q1, up from the 1.7 per cent increase in the previous quarter.
In Q1, the amount of occupied retail space increased by 6,000 square metres (sq m), a significantly smaller increase from the 34,000 sq m increase in Q4.
Retail stock increased by 10,000 sq m in Q1, compared with the decrease of 4,000 sq m in the previous quarter.
As at end-Q1, there was a total supply of about 605,000 sq m gross floor area (GFA) of retail space in the pipeline, compared with the 560,000 sq m GFA of retail space in the pipeline in Q4.
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