- In the first quarter of 2026, retail space rents in Singapore's central region decreased by 0.6%, reversing a 0.6% rise from the previous quarter.
- The Urban Redevelopment Authority reported a stable island-wide retail vacancy rate and a 2.2% increase in retail space prices, compared to 1.7% in the last quarter.
- Additionally, there was a modest gain of 6,000 square meters in leased retail space, with total retail supply reaching approximately 605,000 square meters by the end of the quarter.
- Singapore's stock market showed slight improvement on Tuesday, April 21, with the Straits Times Index (STI) up 0.2% or 10.89 points, closing at 5,014.96.
- CapitaLand Integrated Commercial Trust led gains in blue-chip stocks, rising 3.3% following its S$3.9 billion acquisition of Paragon shopping mall, while Thai Beverage fell 2.4%, the worst performer among STI constituents.
- Regional indices also performed positively, with significant gains in Hong Kong, Japan, South Korea, and Malaysia, amidst a broader market trend where advancing stocks slightly outnumbered declining ones.