The office rent index value in Singapore in the 4th quarter 2024 was 200. The index values represent the change of office rent price from the base year of 1998. By Q4 2024, the office rent index had increased by 100 percent compared to the base year.

Singapore Property Rental Index: Office: Fringe Area data was reported at 146.000 4Q1998=100 in Sep 2018. This records an increase from the previous number of 145.700 4Q1998=100 for Jun 2018. Singapore Property Rental Index: Office: Fringe Area data is updated quarterly, averaging 121.200 4Q1998=100 from Mar 1990 (Median) to Sep 2018, with 115 observations. The data reached an all-time high of 154.400 4Q1998=100 in Dec 2014 and a record low of 74.100 4Q1998=100 in Mar 2004. Singapore Property Rental Index: Office: Fringe 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.

Singapore Property Rental Index: Office data was reported at 174.600 4Q1998=100 in Sep 2018. This records an increase from the previous number of 170.300 4Q1998=100 for Jun 2018. Singapore Property Rental Index: Office data is updated quarterly, averaging 123.600 4Q1998=100 from Mar 1990 (Median) to Sep 2018, with 115 observations. The data reached an all-time high of 199.700 4Q1998=100 in Jun 2008 and a record low of 73.400 4Q1998=100 in Mar 2004. Singapore Property Rental Index: Office 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: Office: Central Area data was reported at 180.400 4Q1998=100 in Sep 2018. This records an increase from the previous number of 175.200 4Q1998=100 for Jun 2018. Singapore Property Rental Index: Office: Central Area data is updated quarterly, averaging 122.400 4Q1998=100 from Mar 1990 (Median) to Sep 2018, with 115 observations. The data reached an all-time high of 207.100 4Q1998=100 in Jun 2008 and a record low of 73.300 4Q1998=100 in Mar 2004. Singapore Property Rental Index: Office: 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.

Source: URBAN REDEVELOPMENT AUTHORITY

Data Last Updated: 26/07/2024

Update Frequency: Quarterly

Footnotes: Data refer to properties owned by the private sector. The rental index is computed based on fixed weights before 4th Quarter 1998. The weights used to compute the index are updated every quarter from 4th Quarter 1998. Rental indices are computed from data on rentals provided by the Inland Revenue Authority of Singapore (IRAS).

Adapted from: https://tablebuilder.singstat.gov.sg/table/TS/M210211

Singapore Property Price Index: Office Space: Central Area data was reported at 138.500 4Q1998=100 in Sep 2018. This stayed constant from the previous number of 138.500 4Q1998=100 for Jun 2018. Singapore Property Price Index: Office Space: Central Area data is updated quarterly, averaging 105.800 4Q1998=100 from Mar 1988 (Median) to Sep 2018, with 123 observations. The data reached an all-time high of 157.800 4Q1998=100 in Sep 1996 and a record low of 50.900 4Q1998=100 in Mar 1988. Singapore Property Price Index: Office 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.EB002: Property Price Index.

Singapore Property Price Index: Office Space: Fringe Area data was reported at 113.200 4Q1998=100 in Sep 2018. This records a decrease from the previous number of 113.300 4Q1998=100 for Jun 2018. Singapore Property Price Index: Office Space: Fringe Area data is updated quarterly, averaging 104.300 4Q1998=100 from Mar 1988 (Median) to Sep 2018, with 123 observations. The data reached an all-time high of 203.900 4Q1998=100 in Jun 1996 and a record low of 64.000 4Q1998=100 in Jun 1988. Singapore Property Price Index: Office Space: Fringe 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.EB002: Property Price Index.

物业租赁指数：办公室：中央地区在09-01-2018达180.4001998年4季度=100，相较于06-01-2018的175.2001998年4季度=100有所增长。物业租赁指数：办公室：中央地区数据按季更新，03-01-1990至09-01-2018期间平均值为122.4001998年4季度=100，共115份观测结果。该数据的历史最高值出现于06-01-2008，达207.1001998年4季度=100，而历史最低值则出现于03-01-2004，为73.3001998年4季度=100。CEIC提供的物业租赁指数：办公室：中央地区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：办公室：电视接收边缘区在09-01-2018达146.0001998年4季度=100，相较于06-01-2018的145.7001998年4季度=100有所增长。物业租赁指数：办公室：电视接收边缘区数据按季更新，03-01-1990至09-01-2018期间平均值为121.2001998年4季度=100，共115份观测结果。该数据的历史最高值出现于12-01-2014，达154.4001998年4季度=100，而历史最低值则出现于03-01-2004，为74.1001998年4季度=100。CEIC提供的物业租赁指数：办公室：电视接收边缘区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。

CapitaLand Integrated Commercial Trust was the real estate investment trust (REIT) with the largest market cap in Singapore as of April 11, 2024. The market cap, or the aggregate value of the total outstanding shares of the company, was approximately 9.8 billion U.S. dollars during that period. CapitaLand Integrated Commercial Trustalso had the highest revenue among all companies in the ranking. Nevertheless,CapitaLand Ascott Trust topped the ranking in terms of dividend yield. Mapletree Logistics Trust had the highest EBITDA margin, with earnings before interest, taxes, depreciation, and amortization amounting to almost 72 percent of the company's revenue.

Snapshot img

REIT Market Size 2025-2029

The reit market size is forecast to increase by USD 372.8 billion at a CAGR of 3% between 2024 and 2029.

The market is experiencing significant growth driven by the increasing global demand for warehousing and storage facilities, particularly in response to the e-commerce sector's continued expansion. This trend is further accentuated by the emergence of self-storage as a service, providing investors with attractive returns and meeting the evolving needs of consumers. However, the market also faces challenges, including intense competition and the need for vertical integration to remain competitive. E-commerce giants are increasingly investing in their logistics capabilities, creating a more complex and dynamic market landscape. To capitalize on these opportunities, companies must stay agile and adapt to changing consumer preferences and market conditions. Strategic partnerships, innovation, and operational efficiency will be key differentiators for success in this competitive market.

What will be the Size of the REIT Market during the forecast period?

Request Free SampleThe Real Estate Investment Trust (REIT) market represents a significant segment of the investment landscape, offering income-producing opportunities through commercial real estate. REITs are publicly traded entities that enable investors to access the benefits of owning and operating income-generating commercial properties without the operational burdens. Both traded and non-traded REITs are available, each with unique features and eligibility criteria. The market is characterized by its sizeable presence, with numerous entities focusing on various commercial property sectors, including equity, mortgage, hybrid, and private REITs. These entities provide investors with dividend yields, capital appreciation potential, and diversification benefits. However, investing in REITs involves risks, including liquidity concerns, share value transparency, conflicts of interest, and potential fraud. Investors should carefully consider these factors, along with fees, taxes, and broker or financial adviser relationships, when constructing their investment portfolios. REITs offer investors regular income through rental yields and potential capital gains. Dividend income and equity appreciation make REITs an attractive option for those seeking income and growth. However, investors should be aware of taxation implications, including eligibility criteria and capital gains taxes. Investors should consult with their financial advisers to understand the risks and benefits of REITs and to determine whether they align with their investment objectives and risk tolerance. Ultimately, REITs provide a valuable opportunity for investors seeking income and growth in the commercial real estate sector.

How is this REIT Industry segmented?

The reit industry 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. TypeIndustrialCommercialResidentialApplicationWarehouses and communication centersSelf-storage facilities and data centersOthersProduct TypeTriple netDouble netModified gross leaseFull servicePercentageGeographyNorth AmericaUSCanadaAPACChinaIndiaJapanSingaporeEuropeFranceGermanyItalyUKSouth AmericaMiddle East and Africa

By Type Insights

The industrial segment is estimated to witness significant growth during the forecast period.The market experienced notable growth in the industrial sector in 2024, driven by the increasing demand for commercial real estate, particularly warehousing space. The COVID-19 pandemic accelerated this trend as online sales d, necessitating more warehouse space for inventory storage. Industrial companies have responded by leasing additional warehouses to meet occupancy and rental rate demands. Furthermore, e-commerce companies are establishing warehouses and fulfillment centers near metropolitan areas to cater to growing online consumer bases. These factors create significant expansion opportunities for industrial REITs, including Equity, Mortgage, and Hybrid types, thereby fueling market growth. Publicly traded and non-traded REITs offer investors diverse investment portfolio options, providing both dividend income and capital appreciation potential. Transparent share value and dividend yields, professional management, and regular income make REITs an attractive asset allocation choice for investors seeking diversification and emergency liquidity.

Get a glance at the market report of share of various segments Request Free Sample

The Industrial segment was valued at USD 1525.50 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 63% to the growth of the global market during t

物业价格指数：办公室面积：电视接收边缘区在09-01-2018达113.2001998年4季度=100，相较于06-01-2018的113.3001998年4季度=100有所下降。物业价格指数：办公室面积：电视接收边缘区数据按季更新，03-01-1988至09-01-2018期间平均值为104.3001998年4季度=100，共123份观测结果。该数据的历史最高值出现于06-01-1996，达203.9001998年4季度=100，而历史最低值则出现于06-01-1988，为64.0001998年4季度=100。CEIC提供的物业价格指数：办公室面积：电视接收边缘区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.E005：物业价格指数。

物业价格指数：办公室面积：中央地区在09-01-2018达138.5001998年4季度=100，相较于06-01-2018的138.5001998年4季度=100保持不变。物业价格指数：办公室面积：中央地区数据按季更新，03-01-1988至09-01-2018期间平均值为105.8001998年4季度=100，共123份观测结果。该数据的历史最高值出现于09-01-1996，达157.8001998年4季度=100，而历史最低值则出现于03-01-1988，为50.9001998年4季度=100。CEIC提供的物业价格指数：办公室面积：中央地区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.E005：物业价格指数。