Singapore office landlords poised to turn more aggressive in rent expectations
Singapore's prime office market is shifting towards landlords, with property consultants forecasting accelerated rent growth in 2026 due to tighter supply. CBRE, JLL, and C&W predict significant rental increases, driven by low vacancy rates and limited new supply. This may challenge occupiers' budgets, especially for Grade A space. Savills and Colliers have less bullish forecasts. The re-centralisation trend and demand from sectors like AI may exacerbate the supply shortage.
Businesstimes·