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Real estate deals climb to $5.7b in 2025 on record domestic buyer activity

Domestic investors deployed a record $4.6b.

Singapore recorded $5.7b (US$4.5b) in commercial real estate investment in 2025, marking its third-highest annual total on record, according to MSCI’s latest Asia Pacific Capital Trends report.

Across Asia Pacific, investment volumes totalled $231.5b (US$182.9b) in 2025, finishing on level terms with 2024, whilst fourth-quarter (Q4) individual property sales accelerated to almost $50.6b (US$40b), the highest quarterly level of the year.

Domestic buyers dominated activity in Singapore, deploying a record $4.6b (US$3.6b) during the year.

Elsewhere in the region, Japan remained the largest market, whilst Australia and South Korea also recorded significant transaction volumes, contributing to the overall stabilisation in Asia Pacific investment activity.

Retail investment across Asia Pacific rose 29% year on year (YoY) in the fourth quarter to $12.9b (US$10.2b), the strongest growth amongst sectors.

MSCI said improving debt conditions and greater pricing alignment between buyers and sellers could support further recovery momentum in 2026 as investors return selectively to core markets.

($1.00 = US$0.79)
 

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