How Singapore’s Draft Master Plan 2025 will reshape investor strategies
New hubs, incentives, and asset shifts will shape investor portfolios.
Singapore’s Draft Master Plan 2025 signals a strategic shift that could reshape long-term real estate investment strategies, according to global property consultancy JLL.
JLL said the plan extends government incentives to reposition the Central Business District by encouraging owners of older office buildings to convert them into mixed-use projects.
The consultancy noted that schemes such as the CBD Incentive Scheme and the Strategic Development Incentive will offer redevelopment bonuses, paving the way for more residential, hotel, and work-live-play projects downtown
Beyond the city core, JLL pointed out that authorities are tightening new office supply in Raffles Place and Marina Bay whilst channelling demand toward the Jurong Lake District, envisioned as Singapore’s “second CBD.”
Other hubs such as Bishan, Paya Lebar, and one-north were also identified as future growth nodes, which JLL said could create opportunities for investors to diversify beyond the traditional central core.
JLL also observed a trend of industrial land being returned to the state as older factories become redundant, opening opportunities for repurposing.
It added that new concepts such as vertical zoning and “business-white” zones could transform industrial estates into dynamic, mixed-use spaces with higher rental yields and broader tenant mixes
For investors, JLL said they must anticipate more polycentric growth, evaluate portfolios for assets aligned with new sub-centres and gateway corridors, and focus on high-specification assets that support advanced manufacturing, R&D, life sciences, and fintech.
The firm added that the Draft Master Plan’s emphasis on liveability, sustainability, and connectivity reinforces Singapore’s long-term competitiveness, which it described as critical to sustaining demand across all real estate sectors
“As always, the most successful real estate strategies will be those that not only respond to market signals but also anticipate policy direction,” JLL said.