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Real estate investment jumps 44% to $10.97b in Q4 2025

This was largely driven by residential and commercial property transactions.

Singapore’s real estate investment market reached $10.97b in the fourth quarter of 2025 (Q4 2025), with residential properties accounting for 40.3% of the total at $4.42b, whilst commercial sales rose 31.1% to $3.45b, according to Savills’ Asia Pacific Investment Quarterly report.

Key deals included Keppel REIT’s one-third stake in Marina Bay Financial Centre Tower 3 for $1.45b, Elegant Group’s purchase of The Clementi Mall for $809m, and Lendlease Global Commercial REIT’s 70% stake in PLQ Mall for $619.5m.

Industrial investment in the city-state also nearly doubled to $2.13b quarter on quarter.

Across the Asia-Pacific region, Q4 investment volumes rose 8.7% year on year to the highest quarterly total since 2022.

Australia recorded $11.65b (AU$13.1b) in Q4 deals, South Korea’s office market hit $22.2b (KRW21.1t), and India attracted $9.1b (US$6.7b) in private equity real estate inflows.

Hong Kong saw 62,800 residential transactions, including 13,800 by Mainland buyers.

Alan Cheong, Executive Director of Research and Consultancy at Savills Singapore, said that he expects 2026 volumes to match 2025 barring major geopolitical shocks.

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