590 views

Foreign investment in Singapore property triples in Q2

Cross-border capital accounted for 58.1% of total investment volume.

Singapore property cross-border investment volumes reached $3.84b (US$3b) in the second quarter of 2026, tripling that of the same period last year, a report from Knight Frank said.

Cross-border capital accounted for 58.1% of total investment volume, led by IOI Properties Group's $2.43b (US$1.9b) acquisition of Asia Square Tower 2 from CICT. Knight Frank said the transaction underscores continued appeal in the city's prime CBD office market, where stable recurring income and a constrained development pipeline support defensive capital demand.

Meanwhile, the hotel sector also drew active international investor interest, recording $518.67m (US$405m) in transaction volume in Q2 2026, up 15.4% from a year earlier.

“Singapore's tightly held hotel stock continues to constrain supply, making any asset that reaches the market a keenly contested one,” Knight Frank said.

The largest transaction for the quarter was Orchid Hotel, sold for $273.55m (US$213.6m) to a joint venture between Master Contract and Westmont Hospitality Group.

Meanwhile, Asia-Pacific commercial real estate investment surged 31.1% in Q2. Activity, however, declined 22.5% from a record first quarter, signalling a normalisation from an exceptional start to the year rather than a reversal in the regional recovery.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

You're the reader we write for. You're also the person our partners want to reach.

If that sentence describes you — a founder, a C-suite, someone whose attention companies pay good money for — then you already understand why SBR works. We've spent twenty years earning the trust of readers exactly like you. Which is exactly what makes this an interesting place for your company to show up, too.

The ways it can show up are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The right fit depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If your company has something this audience should know about, we'd like to hear what you're working on.

No rate cards until we understand the brief. It's a better use of everyone's time.