Is the rental price coming down?

The rental prices in the Singapore property market are subject to various factors and can vary by sector and location. Here are some key points to consider:

Residential Rentals

As of the first quarter of 2025, there are no significant indications that residential rental prices are coming down. In fact, the market has seen stable to slightly increasing rental prices due to strong demand and limited supply in certain areas.

Commercial and Industrial Rentals

For the commercial sector, particularly in the Central Business District (CBD), rental growth is expected to be subdued. Office rents are projected to grow by a modest rate of about 2% in 2025, supported by limited medium-term supply and a flight to quality office space.

In the industrial sector, rental and price growth are expected to moderate to between 0% to 2% in 2025, compared to the 3.5% growth seen in the previous year. This suggests a potential stabilization or slight decrease in industrial rental prices.

Overall Market

While there are mixed signals in the market, the residential sector remains relatively stable, with no clear signs of a significant drop in rental prices. However, the commercial and industrial sectors may experience more subdued growth or stabilization in rental prices.

For the most accurate and up-to-date information, you can use EdgeProp Singapore's market trends tracker and property alerts to monitor changes in rental prices and market conditions.