Real estate investment sales sink 41.1% QoQ in Q1 2025

Year-on-year, investment sales grew 16.6%.

Real estate investment sales in Q1 2025 sank 41.1% quarter-on-quarter (QoQ) from $9.3b to $5.5b, Knight Frank reported.

Year-on-year (YoY) investment sales grew 16.6% from $4.7b in Q1 2024.

Public sales made up the majority of investment sales in Q1 2025, reaching $2.8b ((50.8%). This was due to the award of six Government Land Sale (GLS) sites consisting of five residential sites and one industrial site.

Meanwhile, private sales contributed $2.7b (49.2%), with most being residential deals.

Commercial properties total sales amounted to $1.4b, rising 14.5% QoQ but fell 8.0% YoY. 

Notable deals during the period included the acquisition of Northpoint City South Wing for $1.1b by Frasers Centrepoint Trust and the sale of one floor at 20 Collyer Quay for $91.8m.

On the flip side, sales in industrial properties dropped 93.1% QoQ and 47.5% YoY to $230.3m in Q1 2025.

The largest industrial deal recorded during the quarter was the sale of a single-user factory located at 23 Lok Yang Way for $70.1m.

The hospitality segment maintained momentum in early 2025 with the sale of Oakwood Studios Singapore for $152.8m.