Total investment volume up 31% QoQ in Q3
The increase was mainly led by the residential sector, recording $4.1b in transactions.
Singapore’s total investment volume climbed 31% quarter on quarter (QoQ) to $9.3b in the third quarter of 2025 (Q3 2025), according to Cushman & Wakefield.
The increase was mainly led by the residential sector, which recorded $4.1b in transactions, followed by the commercial ($2.4b) and mixed/other ($1.9b) sectors.
The residential sector volume surged by 127.1% QoQ in Q3 2025, of which the bulk (72.7%) was from the public market, comprising seven Government Land Sales (GLS) sites that were awarded.
Commercial deals rose 40% QoQ, supported by CapitaSpring’s partial sale (55% interest) for $1b.
Other office deals include Keppel Land’s acquisition of Jem (office component) for $462m. A major retail transaction was the sale of Kinex Mall for $375m.
However, industrial investment fell 55% QoQ due to smaller deals recorded.
The largest deal was CapitaLand Ascendas REIT’s $329m sale of a five-property portfolio comprising warehouses and high-tech factories.
Year to date, a total of $2.6b worth of industrial deals were transacted, or nearly half (46.2%) of 2024’s total figure ($5.7b), driven by portfolio sales or acquisitions by major landlords.