City Living Rentals

Market Reports

Singapore rental market insights and data to inform your decisions

Singapore Rental Market Overview

Updated January 2026

Average Monthly Rent

S$3,850 ↑ 3.2% YoY

Occupancy Rate

94.5% ↑ 1.8% YoY

Average Lease Term

18 months Stable

New Expat Arrivals

+12,500 ↑ 8.5% YoY

Key Market Trends

🏢 CBD Premium Rising

Central Business District properties continue to command premium rents as companies bring employees back to office. Tanjong Pagar and Marina Bay see strongest demand.

📈 Furnished Demand Up

Demand for fully furnished apartments grew 25% year-over-year, driven by expat relocations and the rise of flexible work arrangements.

🏠 Suburban Growth

Areas like Bukit Timah, Holland Village, and East Coast are seeing increased interest as families prioritize space and lifestyle amenities.

⏰ Shorter Commitments

Average initial lease terms have decreased from 24 to 18 months as tenants seek more flexibility in uncertain economic times.

🌏 Expat Recovery

Expat population continues to recover post-pandemic, with tech, finance, and healthcare sectors driving new arrivals from US, Europe, and Asia.

💻 Remote Work Impact

Home office requirements now rank as a top-3 priority for renters, pushing demand for larger units with dedicated work spaces.

Rent by District

Average monthly rent for 2-bedroom apartments

District Areas Avg. Rent YoY Change
D1-D6 CBD, Tanjong Pagar, Marina Bay S$5,200 +4.5%
D9-D10 Orchard, River Valley, Tanglin S$5,800 +3.8%
D11 Novena, Newton, Thomson S$4,500 +2.9%
D15 East Coast, Katong, Joo Chiat S$4,200 +5.2%
D21 Bukit Timah, Holland Village S$4,800 +3.1%
D22-D23 Clementi, West Coast, Jurong S$3,400 +2.4%

Data source: Rentales internal data and URA statistics, Q4 2025

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