--- title: "Paris vs Singapore: Class A office comparison" description: "Side-by-side Class A office comparison for Paris and Singapore — rent, vacancy, talent, tax, lease norms, transit, and top submarkets." canonical: https://classa.info/compare/paris-vs-singapore pageType: comparison lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > Paris ($103/sqft, 7.6% vacancy) and Singapore ($102/sqft, 5.4% vacancy) compete on different axes: Paris on rent and tax and Singapore on talent depth. ## TL;DR - Class A rent: Paris $103/sqft vs Singapore $102/sqft. - Vacancy: Paris 7.6% vs Singapore 5.4%. - Talent index: Paris 90 vs Singapore 92. - Corporate tax: Paris 25% vs Singapore 17%. - Premium flex/seat/month: Paris $1,180 vs Singapore $1,180. # Paris vs Singapore: Class A office comparison **Paris ($103/sqft, 7.6% vacancy) and Singapore ($102/sqft, 5.4% vacancy) compete on different axes: Paris on rent and tax and Singapore on talent depth.** ## TL;DR - [Class A](/glossary/class-a) rent: Paris $103/sqft vs Singapore $102/sqft. - Vacancy: Paris 7.6% vs Singapore 5.4%. - Talent index: Paris 90 vs Singapore 92. - Corporate tax: Paris 25% vs Singapore 17%. - [Premium flex](/topics/lease-vs-flex)/seat/month: Paris $1,180 vs Singapore $1,180. ## Market data side-by-side | Metric | Paris | Singapore| | Region | EMEA | APAC| | Country | France | Singapore| | Class A rent (USD/sqft/yr) | $103 | $102| | Class A rent (local) | 95 EUR | 11.5 SGD| | Vacancy | 7.6% | 5.4%| | Trend | rising | rising| | Prime yield | 4% | 3.6%| | Premium flex / seat / month (USD) | $1,180 | $1,180| | Submarkets covered | 6 | 6| | Corporate tax | 25% | 17%| ## Lease norms | Metric | Paris | Singapore| | Typical term | 9 yrs | 4 yrs| | Typical rent-free | 18 mos | 6 mos| | Lease norms | The bail commercial is the standard lease — 9 years with tenant break rights at year 3 and year 6. Rent is indexed annually to the ILAT or ICC indices. Rent-free of 12-24 months on a 9-year term is standard. Service charges and tax foncière are typically passed through. Restoration to original is the default obligation. | Singapore leases are typically 3-5 years, gross-rent based with the landlord covering most operating expenses inside the rent. Rent-free of 4-9 months on a 5-year term is standard. Rent reviews on renewal are open-market. Bank guarantees of 3-6 months are routine. Reinstatement at lease-end is contractual and usually significant — budget for it.| | Tax note | Headline corporate tax 25%. Local cotisation foncière des entreprises (CFE) and contribution sur la valeur ajoutée des entreprises (CVAE) add a meaningful local layer. Île-de-France tertiary tax (TSB) applies to office occupiers. | Headline corporate tax of 17%, with a partial tax exemption for the first SGD 200,000 of chargeable income. A network of double-tax treaties and the Singapore Variable Capital Company (VCC) regime make Singapore particularly attractive for fund managers and family offices.| ## Talent | Metric | Paris | Singapore| | Talent index (0–100) | 90 | 92| | Talent note | Strong financial-services and luxury-brand talent pool. Average all-in compensation indexes 90 vs. New York's 100. | Premium APAC talent hub. Average all-in compensation indexes 92 vs. New York's 100.| ## Transit & commute **Paris:** RER A and the Métro span the entire QCA. The Grand Paris Express network is materially reshaping Greater Paris commute economics through 2030. **Singapore:** The MRT network reaches every CBD address. Changi Airport is 20 minutes by MRT or taxi. Jurong Region Line and Cross Island Line expansions are extending the catchment. ## Top submarkets — Paris - [**Quartier Central des Affaires**](/cities/paris/qca) — [trophy tier](/topics/trophy-asset-selection) · €105/sqft/yr · ≈ $113 PSF/yr USD - [**Paris Rive Gauche**](/cities/paris/paris-rive-gauche) — prime tier · €78/sqft/yr · ≈ $84.2 PSF/yr USD - [**Neuilly & Levallois**](/cities/paris/neuilly-levallois) — prime tier · €70/sqft/yr · ≈ $75.6 PSF/yr USD ## Top submarkets — Singapore - [**Marina Bay**](/cities/singapore/marina-bay) — trophy tier · S$14.5/sqft/mo · ≈ $129 PSF/yr USD - [**Raffles Place**](/cities/singapore/raffles-place) — trophy tier · S$13.2/sqft/mo · ≈ $117 PSF/yr USD - [**Shenton Way & Tanjong Pagar**](/cities/singapore/shenton-way-tanjong-pagar) — prime tier · S$11.5/sqft/mo · ≈ $102 PSF/yr USD ## Decision criteria ### Pick by cost Singapore is the cheaper Class A market on a USD basis. ### Pick by talent depth Singapore has the deeper talent index (92/100 vs 90/100). ### Pick by tax Singapore has the lower headline corporate tax (17% vs 25%). Local incentives can change the effective rate materially. ### Pick by lease optionality Paris typical term is 9 years with 18 months free; Singapore runs 4 years with 6 months free. ### Pick by transit Paris: RER A and the Métro span the entire QCA. The Grand Paris Express network is materially reshaping Greater Paris commute economics through 2030. Singapore: The MRT network reaches every CBD address. Changi Airport is 20 minutes by MRT or taxi. Jurong Region Line and Cross Island Line expansions are extending the catchment. ## Run a 4-city comparison Score Paris, Singapore and up to two more markets side-by-side on Class A rent, vacancy, talent, corporate tax, and premium flex pricing — all in USD. [**Run a 4-city comparison →**](/tools/city-comparator) ## Frequently asked questions ****Is Class A office cheaper in Paris or Singapore?**** : Singapore is cheaper on a USD basis: $102/sqft vs $103/sqft. ****Which has better talent depth, Paris or Singapore?**** : Singapore indexes higher on talent depth (92 vs 90). ****Which has more sublease availability, Paris or Singapore?**** : Paris carries higher vacancy (7.6% vs 5.4%) and therefore typically more [sublease](/topics/sublease-strategy)">sublease overhang. ****What lease term should I expect in Paris vs Singapore?**** : Paris typical term is 9 years with 18 months rent-free; Singapore typical term is 4 years with 6 months rent-free. ****How does transit and commuter access compare?**** : Paris: RER A and the Métro span the entire QCA. The Grand Paris Express network is materially reshaping Greater Paris commute economics through 2030. Singapore: The MRT network reaches every CBD address. Changi Airport is 20 minutes by MRT or taxi. Jurong Region Line and Cross Island Line expansions are extending the catchment. ## Editorial provenance Reviewed by [**Samuel Okafor**](/about/authors/samuel-okafor) — EMEA contributing editor. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards). ### Primary sources for this page - [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE - [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL - [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield - [Savills World Research](https://www.savills.com/research_articles/) — Savills - [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers [Full sources index](/about/sources) · [Submit a correction](/about/corrections) --- Citation: Source: Class A Atlas (https://classa.info/compare/paris-vs-singapore), updated 2026-04-15T00:00:00.000Z.