Commercial and Industrial Properties For Sale or Rent in Singapore
Office, Shops, Restaurant, B1 and B2 industrial unit, Medical Clinic, Food Factory
Looking for a team of commercial property consultants to buy, sell or lease your commercial properties in Singapore? Then you are in the right environment. At CosySingapore, our team has the experience and have many customers in dealing with all sorts of commercial properties, such as offices, warehouses, general factories, storage, light and heavy industrial properties, medical suites and food factories.
When you have commercial property needs, do contact us and we will be most glad to assist you.
COMMERCIAL AND INDUSTRIAL PROPERTY SINGAPORE MARKET Q3 2026
INDUSTRIAL MARKET
At a Glance: Q3 2026 Industrial Property Market Snapshot
The Singapore industrial property market remains resilient, driven by strong economic fundamentals and steady growth in the manufacturing sector. Here is what you need to know:
- Industrial Prices: Up +1.0% QoQ
- Industrial Rents: Up +0.5% QoQ
- Overall Occupancy: 88.9% (eased slightly by 0.2 ppt)
- Upcoming Supply (Q4 2026): 2.7 million sq ft
Economic Backdrop: Why It Matters
Singapore’s economy showed robust growth in Q3 2026, expanding by 5.4% year-on-year. The manufacturing sector grew by 7.5% YoY, supported by strong performances in electronics, precision engineering, and transport engineering. This resilience is directly boosting demand for industrial space, making it a strategic sector for both business owners and real estate investors.
Rents & Occupancy: What Tenants Need to Know
The JTC overall industrial rental index grew by 0.5% QoQ, marking the 24th consecutive quarter of rental growth since Q3 2020.
- Warehouses: Recorded the strongest rental growth (+1.0% QoQ).
- Single-User Factories: Grew by +0.7% QoQ.
- Multi-User Factories: Grew by +0.3% QoQ.
While overall occupancy dipped slightly to 88.9%, this was largely due to occupiers vacating older factories earmarked for redevelopment. Notably, warehouse occupancy actually increased by 0.3 ppt, highlighting strong demand for logistics space.
Price & Sales Transactions: The Big-Ticket Deals
Industrial property prices rose by 1.0% QoQ, driven largely by multi-user factory price growth (+1.1% QoQ).
Although sales volume eased by 12.3% QoQ to 462 transactions (following a two-year high in Q2), the total transaction value surged to nearly $2 billion (+54.3% QoQ). This surge was fueled by major acquisitions, including:
- 25 Loyang Crescent: Acquired by CapitaLand Ascendas REIT for $457.6 million.
- 10 Tampines Industrial Ave. 3: The AU Optronics facility sold for $350 million.
These big-ticket purchases demonstrate strong institutional confidence in Singapore's industrial assets.
Strategic Outlook for 2026 & Beyond
The future looks bright. The Ministry of Trade and Industry (MTI) has upgraded Singapore’s GDP growth forecast for 2026 to 4.5% – 5.5%, fueled by global AI-related demand for semiconductors and advanced manufacturing.
What this means for you:
- Investors: Demand for strata-titled industrial units remains healthy, with new launches like Sengkang Connection (Q1 2027) expected to see strong take-up. Continued interest in multi-user sites is evident from recent competitive land bids.
- Business Owners: Demand for industrial space remains robust. However, with a steady pipeline of new supply (averaging 1.2 million sq m annually from 2027-2030), businesses should plan their space requirements strategically, keeping an eye on rising borrowing costs and upcoming interest rate hikes.
Frequently Asked Questions (FAQ): Singapore Industrial Market 2026
The overall industrial occupancy rate stood at 88.9% in Q3 2026, a slight dip of 0.2 percentage points QoQ, primarily due to older factories being vacated for redevelopment.
OFFICE MARKET
Executive Summary: A Tight Market with Rising Rents
The Singapore office market demonstrated healthy growth in Q3 2026, driven primarily by a tightening supply of available space. For business owners, this means rising rental costs and fewer options for expansion. For investors, it signals resilient demand and potential for capital appreciation.
According to the latest top agency Research Office Report, office prices rose by 0.8% QOQ, and rentals followed suit with a 0.8% QOQ increase. The overall occupancy rate remained robust at 90.0%, a significant indicator of market stability.
Key Market Highlights (Q3 2026)
- Office Prices: +0.8% QOQ (Growth across all regions; Fringe Area led with +2.4% QOQ).
- Office Rentals: +0.8% QOQ (Median rent reached $7.05 psf per month).
- Occupancy Rate: 90.0% (Vacancy fell to 10.0% from 11.0% in Q2).
- Upcoming Supply: > 9.4 million sq ft in the pipeline, but near-term supply remains tight.
- Sales Volume: $198 million total value (down 23.5% QOQ due to fewer caveats).
The "Flight to Quality" Trend
A defining trend for investors and tenants is the "flight to quality." The rental gap between newer, high-specification buildings (Category 1) and older buildings (Category 2) has widened. Category 1 rents in the Central Area rose to $12.00 psf pm, while Category 2 rents fell slightly.
Strategic Takeaway: Business owners should prioritize modern, well-located office spaces in the CBD to attract talent and maintain value. Investors should focus on assets with stable recurring income and potential for rental upside.
Supply & Demand Dynamics
The market is experiencing a supply crunch. Total office stock declined by a net 72,000 sq m in Q3 due to redevelopment withdrawals (e.g., HarbourFront Centre). While 2027 will see limited new completions, 2028 is expected to bring a surge (319,000 sq m), which could ease rents and give tenants more options.
Strategic Takeaway: Now is the time for tenants to lock in favorable lease terms before the market tightens further. Investors should be selective, favoring assets with strong leasing fundamentals.
Investment Outlook
Investment sentiment remains positive, supported by borrowing costs below 2023 peaks. Notable transactions include the sale of Asia Square Tower 2 and Wheelock Place. However, investors are becoming more selective.
2026 Forecast: Top property agency expects office prices and rentals to rise by 1.5% to 2.5% for the full year, supported by Singapore’s stable economic outlook and the growing presence of AI and technology firms.
Frequently Asked Questions (FAQ): Singapore Office Market 2026
Yes. A top property agency forecasts a 1.5% to 2.5% increase in both prices and rentals for the full year 2026, driven by tight supply and steady demand.
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We look into industrial and commercial properties in Singapore. Contact us for honest, informed advice on commercial and industrial property solutions
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Desmond Tan
Licensed Real Estate Consultant
CEA Registration No: R007497J
Phone: +65 9114 3737
Email: Cosysingapore@gmail.com
Web Site: www.cosysingapore.com
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Public Holidays: By appointment
All information is provided in good faith based on available project data and is subject to change by the developers or relevant authorities. Floor plans, specifications and prices are indicative and subject to final confirmation. This page does not constitute a formal offer. Buyers are advised to conduct independent due diligence and seek professional legal advice before making any purchase decision.