COTD: Real estate investment sales fall 6.8% QoQ

This was primarily due to fewer private residential sites awarded under the GLS Programme.

Real estate investment sales fell 6.8% quarter-on-quarter (QoQ) to $5.47b during the second quarter of the year (Q2 2025), according to a Savills report.

The report said it was primarily due to fewer private residential sites awarded under the Government Land Sales Programme.

Despite a sharp 50.5% QoQ drop in transaction value, the residential sector was the largest contributor, accounting for 34.4% of the quarter’s total.

The hospitality sector recorded two serviced residence transactions totalling $380m, a 14.2% QoQ.

Meanwhile, a lack of block transactions dragged the commercial sector down to $394.6m, a sharp decline from the last quarter’s $1.51b.

“Uncertainty levels for businesses around the world are still high, and each response from the US could maintain this,” Savills said.

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