Investment sales hit $11.48b in Q1 amidst private sector decline

Seven land parcels under the GLS Programme offset the contraction within the private sector.

Singapore’s investment sales reached $11.48b in the first quarter (Q1) of 2026, representing a 3.5% increase quarter-on-quarter (QoQ) and a 95.4% rise year-on-year from $5.88b, according to a Savills report.

The public sector contributed $4.90b, or 42.7% of total volume, with sales rising 42.2% QoQ from $3.44b in the fourth quarter of 2025.

The award of seven land parcels under the Government Land Sales Programme and developments in the Punggol Digital District contributed to the total, the report added.

Private sector sales fell 13.9% to $6.58b. Within this segment, residential sales declined 11.5%, whilst commercial sales fell 42.6%. Mixed-use property sales also dropped 52.4%.

The Q1 volume marks the highest level for investment sales since the third quarter of 2013, when transactions reached $13.84b.

The report noted that it excludes the Asia Square Tower 1 transaction.