Capital floods Singapore property as 2025 investment sales hit $35b
Eight government land sites worth over $3b provided the backbone for a massive year end surge in real estate volume.
Investment sales in Singapore reached $13.7b in the fourth quarter (Q4) of 2025, up 109.6% from the same period last year, according to Realion (OrangeTee & ETC) Research.
For the full year, investment sales totalled $35.0b, a 39.2% increase from 2024.
Growth in Q4 was supported by Government Land Sales (GLS), with eight sites awarded totaling $3.3b, including locations at Telok Blangah Road, Upper Thomson Road, Bukit Timah Road, Bedok Rise, and Sengkang West.
In the private sector, activity was concentrated in the residential and retail segments. Notable transactions included the collective sale of Starpoint at Pasir Panjang, the acquisition of Clementi Mall by Elegant Group, and Lendlease Global’s 70% stake in PLQ Mall.
The office sector saw Hongkong Land transfer CBD assets worth $3.9b to the Singapore Central Private Real Estate Fund, whilst Keppel REIT acquired a one-third stake in Marina Bay Financial Centre Tower 3.
Realion noted that 2026 investment sales are expected to gain momentum, supported by lower financing costs, redevelopable assets, stable pricing expectations, and Singapore’s resilient economic fundamentals and currency stability.