Which sector received the most investments in Q124?

Shophouses mainly appealed to high-net-worth investors.

Singapore's investment market surged 20.9% year-on-year (YoY) in Q124, indicating strong economic prospects and boosted investor confidence, per Cushman & Wakefield's Marketbeat report.

Residential investments led at $1.7b, followed by commercial at $1.3b and hospitality at $0.6b.

Shophouses continue to appeal to investors, particularly high net-worth individuals, for wealth preservation and diversification.

Total transaction volume for shophouses rose by 54.9% quarter-on-quarter (qoq) to $169.1m in Q124, with notable deals including the sale of three adjoining shophouses on Duxton Road for $47.5m.

Resilient consumer spending and continued travel recovery have brought retail and hospitality assets back into investors' focus.

Retail and hospitality net yields remain higher compared to office net yields, making them appealing investment options, especially amidst current interest rate dynamics.

Interest in industrial properties remains steady, driven by relatively higher yields and favourable long-term prospects.

Notable transactions include BDx's acquisition of their data centre (OneTen Paya Lebar) for approximately $40m, reflecting the growing demand for assets catering to emerging industries such as self-storage, cold chain, and data centres.

Follow the link for more news on

Cushman & Wakefield

Chart of the Day

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia