Curious about the performance of short-term rentals in Singapore, Singapore? Over the last year, the average occupancy rate was 56% with an ADR (Average Daily Rate) of 119€. Hosts earned on average 1793€ per month.

90-day occupancy forecast for Singapore so you can update rates and stay ahead of competitors.
Key metrics to optimize your pricing strategy
Avg. Monthly Revenue
1793€
$1632 USD
YoY Revenue Change
-10%
vs. previous year
Occupancy Rate
56%
~17 days/month
Average Daily Rate
119€
$108 USD
Seasonality Index
89%
demand variation
Best Months
July, August
peak season
Worst Months
May, June
low season
Our AI-powered platform automatically optimizes your rates. Maximize your revenue with intelligent dynamic pricing.
Over the analysis period 2025-06 to 2026-05, Singapore averaged 55% occupancy at an ADR of 121 EUR (about $110), producing roughly 1,802 EUR (about $1,638) in average monthly revenue across 199 booked nights per year. Singapore is the only city reported for the country, so it effectively sets the national average itself rather than running above or below a wider field.
Year-on-year revenue is down about 11%, and the seasonality index is high at 88%, confirming that earnings lean heavily on a few peak windows (notably the July-August strength and the October Grand Prix) rather than steady year-round occupancy. The modest 55% figure reflects the regulatory cap on private nightly letting more than any shortage of visitors, so realistic underwriting should weight the licensed serviced-apartment route and the event calendar rather than assume continuous high occupancy.
Average occupancy rate by month in Singapore, compared with the same month a year earlier.
| Month | Occupancy | Prior year |
|---|---|---|
| Jul 2025 | 77.8% | 72.1% |
| Aug 2025 | 69% | 63.5% |
| Sep 2025 | 55% | 53.9% |
| Oct 2025 | 44.7% | 44.2% |
| Nov 2025 | 52.3% | 55.9% |
| Dec 2025 | 43.3% | 47.7% |
| Jan 2026 | 62.3% | 61.7% |
| Feb 2026 | 48.6% | 54.6% |
| Mar 2026 | 63.3% | 44.8% |
| Apr 2026 | 59.7% | 49.9% |
| May 2026 | 49.4% | 40.7% |
| Jun 2026 | 54% | 42.1% |
📌 Historical trends reveal seasonal highs – plan accordingly.
These figures reflect real-time demand in Singapore, helping you plan and price strategically.
Singapore is a city-state and a regional hub for business, finance and leisure travel, so short-stay demand is driven as much by corporate visitors, conference delegates and transit travellers passing through Changi as by classic tourists. Visitors come for Marina Bay Sands, Gardens by the Bay, the Merlion waterfront, Universal Studios on Sentosa, and the food culture of Chinatown, Little India and the hawker centres. Because the country and the city are effectively the same market, almost all arrivals concentrate in this single urban area.
The critical caveat for hosts is regulatory: genuine Airbnb-style nightly letting of private homes is not legal here (see the rules section), so the active short-stay supply is dominated by licensed serviced apartments and a thin layer of non-compliant private listings. That structural constraint, not weak demand, is what keeps the active-listing count and headline occupancy modest relative to a tourist city of this scale.
Demand is fairly flat across the year because Singapore's tropical climate stays at 25-32C every month, so events rather than weather move the calendar. The single biggest spike is the Formula 1 Singapore Grand Prix on the Marina Bay Street Circuit, run in early October (the 2025 race weekend was 3-5 October), with Grand Prix Season events from late September; hotels routinely sell out and rates peak around it.
The February-April window offers the most comfortable weather (lower rain and haze) and is a strong leisure period, while the December-January year-end and Chinese New Year holidays also lift demand. Softer stretches fall in the Southwest Monsoon of June-September, when short showers and occasional regional haze appear, and in the immediate post-holiday lull. In this dataset the best months are July and August and the weakest are May and December.
Marina Bay is the showcase district for first-time visitors, surrounded by Marina Bay Sands, Gardens by the Bay and the ArtScience Museum, and commands the highest rates. Orchard Road is the premier shopping spine with excellent MRT access, popular with longer corporate stays. Chinatown and Kampong Glam (with Haji Lane and the Sultan Mosque) and Little India deliver heritage shophouses and food at more moderate price points, while Bugis sits well for nightlife and central access.
Sentosa offers resort-style, family-oriented stays near Universal Studios and the beaches, skewing to higher-end leisure bookings. For compliant operators the practical reality is that most legal short-stay inventory sits in licensed serviced-apartment buildings within these central districts rather than in scattered private condos.
Singapore has the strictest short-stay rules in the region. The Urban Redevelopment Authority (URA) sets a minimum rental period of three consecutive months for all private residential properties (condos, apartments and landed homes), so renting a private home by the night or week is illegal regardless of the platform. Breaches can draw fines of up to S$200,000, and the authorities run active checks on suspected listings.
The legal route to genuine short stays is licensed serviced apartments, which URA permits for stays of seven days or more. Public housing (HDB flats) carries an even longer six-month minimum and bars sub-letting of rooms for short terms. Anyone planning nightly Airbnb-style operation should confirm the building is an approved serviced-apartment development before listing.
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* Calculations based on 30 days/month. Actual results may vary depending on market, season, property type, and implemented strategy.
For the 2025-06 to 2026-05 period our data shows Singapore averaging about 55% occupancy, equal to roughly 199 booked nights per year, at an ADR near 121 EUR (about $110). It is the only city tracked for the country, so this figure also stands as the national benchmark. The relatively modest rate reflects strict short-stay rules rather than weak visitor demand.
Events drive the calendar more than weather, since temperatures stay 25-32C all year. The strongest window is the Formula 1 Singapore Grand Prix in early October (the 2025 race ran 3-5 October), when accommodation sells out. February to April offers the most comfortable weather, and our data flags July and August as the busiest months; May and December are the softest.
Nightly letting of a private home is not legal: the URA requires a minimum three-month rental for private residential property, and breaches can be fined up to S$200,000. The only compliant route to short stays is a licensed serviced apartment, which permits stays of seven days or more. Confirm the building is an approved serviced-apartment development before listing.
Marina Bay commands the highest rates for first-time visitors near Gardens by the Bay and Marina Bay Sands, while Orchard Road suits longer corporate stays. Chinatown, Kampong Glam, Little India and Bugis offer heritage and food at more moderate prices, and Sentosa serves resort-style family stays. In practice, most legal inventory sits in licensed serviced-apartment buildings in these central districts.