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Office News

A clear weekly summary of the developments shaping Singapore’s office market—curated for startups, growing companies and office decision-makers.

Weekly briefing31 Aug 2026 to 6 Sep 2026
Singapore Office News weekly roundup for 31 August to 6 September 2026

Latest edition

Weekly News

31 Aug 2026 to 6 Sep 2026

Singapore’s office market is changing.

More Grade A space is planned for Marina Centre, investors are shifting capital back towards offices, and vacancy in the best Grade AAA buildings has fallen to its lowest level since 2013.

Here are three developments worth knowing this week.

01

Marina Square: Over 140,000 Sq Ft of New Offices

Marina Square redevelopment with more than 140,000 sq ft of new Grade A office space planned for 2031

Summary: Marina Square mall will close on 31 March 2027, with the redevelopment targeted for completion in 2031.

The new mixed-use precinct will include:

  • More than 140,000 sq ft of Grade A offices
  • Luxury residences and serviced apartments
  • Four hotels
  • A refreshed retail and lifestyle mall
  • Better connectivity to surrounding developments

Sources: Singapore Land Group and CNA.

02

Investors Are Turning Back to Offices

Office properties accounted for 33% of Singapore investment sales in the first half of 2026

Summary: Office properties accounted for 33% of Singapore’s investment sales in the first half of 2026—making offices the largest property asset class.

Renewed interest is being supported by:

  • Lower borrowing costs
  • Limited new Grade A CBD supply
  • Firm demand for well-located offices
  • Singapore’s continued safe-haven appeal

Source: Singapore Business Review, with market insights from Cushman & Wakefield, Colliers, JLL and Knight Frank.

03

Why Do Grade AAA Offices Cost 31% More?

Savills Q2 2026 comparison of Grade AAA, Grade AA and Grade A Singapore office rents and vacancy rates

Summary: Savills’ Q2 2026 data shows Grade AAA offices commanding approximately a 31% rental premium over the Grade A average.

Grade AAA
S$13.61 psf/month
Grade AA
S$11.38 psf/month
Grade A average
S$10.42 psf/month

Yet Grade AAA vacancy is only 3.1%—the lowest level since 2013. The most expensive offices are also among the most tightly occupied.

Source: Savills Research & Consultancy, Singapore Office Market, Q2 2026.

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