# Singapore Class A Office Market

> Singapore Class A office rents around S$11.5/sqft/mo · ≈ $102 PSF/yr USD, with 5.4% vacancy and 6 months of typical rent-free on a 4-year term.

**Canonical URL:** https://classa.info/cities/singapore
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Grade A vacancy below 6% in the core CBD.
- Marina Bay and Raffles Place form a single trophy submarket today.
- Lease lengths shortened to 3-5 years post-pandemic.
- Strong corporate-tax and family-office incentives drive HQ wins from regional rivals.
- ESG (BCA Green Mark) certification is now table stakes for institutional tenants.

## Key facts
- **city**: Singapore
- **country**: Singapore
- **region**: APAC
- **classARentLocal**: S$11.5/sqft/mo · ≈ $102 PSF/yr USD
- **classARentUsd**: $102.12/sqft/yr
- **vacancyPct**: 5.4%
- **typicalLeaseYears**: 4
- **typicalRentFreeMonths**: 6
- **submarkets**: 6
- **corporateTaxPct**: 17%
- **talentIndex**: 92

## FAQ
### How does Singapore lease length compare to other Asian markets?
Shorter than Tokyo (typically 5-7 years) and shorter than Hong Kong's pre-pandemic norm of 6 years. Shorter terms reflect post-2020 tenant flexibility demands.

### What is BCA Green Mark and is it equivalent to LEED?
BCA Green Mark is Singapore's mandatory green-building rating. Platinum, Gold-Plus, and Gold tiers exist. It is broadly comparable to LEED Gold/Platinum but tuned to Singapore's tropical climate.

### Can foreign companies own office floors in Singapore?
Yes — strata-titled office floors are common in Marina Bay and the CBD. Foreign ownership of strata office is permitted with no special approvals.

### How significant is reinstatement?
Significant — landlords typically require reinstatement to bare-shell condition unless negotiated otherwise. Provision SGD 30-60/sqft on a high-end fit-out.

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Citation: Source: Class A Atlas (https://classa.info/cities/singapore), updated 2026-04-15T00:00:00.000Z.