In the fourth quarter of 2024, the rental index for industrial property in Singapore was at *****. This was the highest value since the third quarter of 2018.

Singapore Property Rental Index: Industrial data was reported at 137.400 4Q1998=100 in Sep 2014. This records a decrease from the previous number of 139.900 4Q1998=100 for Jun 2014. Singapore Property Rental Index: Industrial data is updated quarterly, averaging 106.300 4Q1998=100 from Mar 1990 (Median) to Sep 2014, with 99 observations. The data reached an all-time high of 146.400 4Q1998=100 in Jun 1996 and a record low of 69.200 4Q1998=100 in Mar 2004. Singapore Property Rental Index: Industrial data remains active status in CEIC and is reported by Urban Redevelopment Authority. The data is categorized under Global Database’s Singapore – Table SG.EB004: Property Rental Index.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_37e46b203bb77387328d25882247d000/view

Singapore Property Rental Index: Industrial: Multiple User Factory data was reported at 142.100 4Q1998=100 in Sep 2014. This records a decrease from the previous number of 145.300 4Q1998=100 for Jun 2014. Singapore Property Rental Index: Industrial: Multiple User Factory data is updated quarterly, averaging 87.250 4Q1998=100 from Dec 1998 (Median) to Sep 2014, with 64 observations. The data reached an all-time high of 145.400 4Q1998=100 in Sep 2013 and a record low of 68.800 4Q1998=100 in Mar 2004. Singapore Property Rental Index: Industrial: Multiple User Factory data remains active status in CEIC and is reported by Urban Redevelopment Authority. The data is categorized under Global Database’s Singapore – Table SG.EB004: Property Rental Index.

Singapore Property Rental Index: Industrial: Single User Factory data was reported at 95.800 4Q2012=100 in Sep 2018. This records a decrease from the previous number of 95.900 4Q2012=100 for Jun 2018. Singapore Property Rental Index: Industrial: Single User Factory data is updated quarterly, averaging 100.000 4Q2012=100 from Mar 2010 (Median) to Sep 2018, with 35 observations. The data reached an all-time high of 109.500 4Q2012=100 in Sep 2014 and a record low of 76.600 4Q2012=100 in Mar 2010. Singapore Property Rental Index: Industrial: Single User Factory data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.EB004: Property Rental Index.

Singapore Property Rental Index: Industrial: Multiple User Warehouse data was reported at 118.700 4Q1998=100 in Sep 2014. This stayed constant from the previous number of 118.700 4Q1998=100 for Jun 2014. Singapore Property Rental Index: Industrial: Multiple User Warehouse data is updated quarterly, averaging 84.350 4Q1998=100 from Dec 1998 (Median) to Sep 2014, with 64 observations. The data reached an all-time high of 124.400 4Q1998=100 in Dec 2013 and a record low of 69.600 4Q1998=100 in Mar 2005. Singapore Property Rental Index: Industrial: Multiple User Warehouse data remains active status in CEIC and is reported by Urban Redevelopment Authority. The data is categorized under Global Database’s Singapore – Table SG.EB004: Property Rental Index.

Dataset from Urban Redevelopment Authority. For more information, visit https://data.gov.sg/datasets/d_862c74b13138382b9f0c50c68d436b95/view

Singapore Property Rental Index: Industrial: Business Park data was reported at 112.000 4Q2012=100 in Sep 2018. This records a decrease from the previous number of 112.100 4Q2012=100 for Jun 2018. Singapore Property Rental Index: Industrial: Business Park data is updated quarterly, averaging 104.300 4Q2012=100 from Mar 2010 (Median) to Sep 2018, with 35 observations. The data reached an all-time high of 112.100 4Q2012=100 in Jun 2018 and a record low of 92.300 4Q2012=100 in Dec 2010. Singapore Property Rental Index: Industrial: Business Park data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.EB004: Property Rental Index.

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Singapore Real Estate Market Size 2025-2029

The singapore real estate market size is forecast to increase by USD 62.6 billion at a CAGR of 4.6% between 2024 and 2029.

The market is witnessing significant growth, driven primarily by the burgeoning demand for industrial infrastructure. This trend is fueled by the country's status as a global business hub, attracting numerous multinational corporations seeking to establish a presence. Concurrently, marketing initiatives in the real estate industry are gaining momentum, with developers increasingly adopting innovative strategies to differentiate their offerings and cater to diverse customer segments. However, this market landscape is not without challenges. Regulatory uncertainty looms large, with ongoing debates surrounding potential changes to property cooling measures and land use regulations. These uncertainties could deter investors and developers, potentially hindering market growth. As such, navigating the complex regulatory environment and staying abreast of policy developments will be crucial for companies looking to capitalize on opportunities and mitigate risks in the Singapore Real Estate market.

What will be the size of the Singapore Real Estate Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The Singapore real estate market exhibits dynamic activity in various sectors. The sub-sale market experiences continuous fluctuations, influenced by property valuation models and market forecasting. Property law plays a crucial role in real estate financing and collective sales, including en bloc and strata title transactions. Property investment funds and real estate syndication provide financing options for freehold and leasehold properties. Real estate litigation arises from property disputes, necessitating ethical conduct in property management services. Proptech adoption streamlines property search engines and portfolio management, while property tax incentives stimulate investment. Rental management services and property insurance mitigate risks in the diverse real estate landscape. Property market trends encompass master plans, property crowdfunding, and real estate marketing strategies.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. AreaResidentialCommercialIndustrialMode Of BookingSalesRental and leaseTypeLanded houses and villasOffice spaceApartments and condominiumsStore spaceOthersPriceMid-tierEntry-levelLuxuryGeographyAPACSingapore

By Area Insights

The residential segment is estimated to witness significant growth during the forecast period.

The Singapore real estate market encompasses various sectors, including residential, commercial, and industrial properties. The residential segment, comprised of apartments, condominiums, single-family homes, and other living arrangements, experiences significant demand due to population growth and the country's robust economy. Urban renewal projects and sustainable development initiatives contribute to the transformation of the property market. Commercial real estate, including office buildings and retail spaces, benefit from the thriving economy and increasing business activities. Property management companies employ technology, such as virtual and augmented reality, to enhance the property buying and selling experience. Real estate investment trusts and funds provide opportunities for investors seeking capital appreciation and rental income. Property prices have been on an upward trend due to high demand and limited supply, with vacancy rates remaining relatively low. Property taxes, stamp duty, and government policies influence the market dynamics. Urban planning and infrastructure development are essential for economic growth and smart city initiatives. Real estate developers and proptech startups leverage technology, including artificial intelligence and big data, to streamline property transactions and enhance property management. The rental market, property valuation, and property development are shaped by various factors, including rental yield, housing affordability, and market sentiment. Land use planning and regulations play a crucial role in shaping the real estate landscape. Capital appreciation and rental income continue to attract investors to the market, with mortgage rates influencing affordability. Smart home technologies and green building standards add value to both residential and commercial properties.

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The Residential segment was valued at USD 100.30 billion in 2019 and showed a gradual increa

Singapore Property Rental Index: Retail Space: Central Area data was reported at 99.000 4Q1998=100 in Sep 2018. This records a decrease from the previous number of 100.200 4Q1998=100 for Jun 2018. Singapore Property Rental Index: Retail Space: Central Area data is updated quarterly, averaging 118.900 4Q1998=100 from Mar 2011 (Median) to Sep 2018, with 31 observations. The data reached an all-time high of 121.600 4Q1998=100 in Dec 2011 and a record low of 99.000 4Q1998=100 in Sep 2018. Singapore Property Rental Index: Retail Space: Central Area data remains active status in CEIC and is reported by Urban Redevelopment Authority. The data is categorized under Global Database’s Singapore – Table SG.EB004: Property Rental Index.

Housing Index in Singapore increased to 210.70 points in the first quarter of 2025 from 209.40 points in the fourth quarter of 2024. This dataset provides the latest reported value for - Singapore Property Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

物业租赁指数：工业在09-01-2014达137.4001998年4季度=100，相较于06-01-2014的139.9001998年4季度=100有所下降。物业租赁指数：工业数据按季更新，03-01-1990至09-01-2014期间平均值为106.3001998年4季度=100，共99份观测结果。该数据的历史最高值出现于06-01-1996，达146.4001998年4季度=100，而历史最低值则出现于03-01-2004，为69.2001998年4季度=100。CEIC提供的物业租赁指数：工业数据处于定期更新的状态，数据来源于Urban Redevelopment Authority，数据归类于Global Database的新加坡 – 表 SG.E007：物业租赁指数。

物业租赁指数：工业：商业园在09-01-2018达112.0004Q2012=100，相较于06-01-2018的112.1004Q2012=100有所下降。物业租赁指数：工业：商业园数据按季更新，03-01-2010至09-01-2018期间平均值为104.3004Q2012=100，共35份观测结果。该数据的历史最高值出现于06-01-2018，达112.1004Q2012=100，而历史最低值则出现于12-01-2010，为92.3004Q2012=100。CEIC提供的物业租赁指数：工业：商业园数据处于定期更新的状态，数据来源于Department of Statistics，数据归类于Global Database的新加坡 – 表 SG.E007：物业租赁指数。

物业租赁指数：工业：单用户工厂在09-01-2018达95.8004Q2012=100，相较于06-01-2018的95.9004Q2012=100有所下降。物业租赁指数：工业：单用户工厂数据按季更新，03-01-2010至09-01-2018期间平均值为100.0004Q2012=100，共35份观测结果。该数据的历史最高值出现于09-01-2014，达109.5004Q2012=100，而历史最低值则出现于03-01-2010，为76.6004Q2012=100。CEIC提供的物业租赁指数：工业：单用户工厂数据处于定期更新的状态，数据来源于Department of Statistics，数据归类于Global Database的新加坡 – 表 SG.E007：物业租赁指数。