,Singapore

SG real estate market attracts $26.2b investment sales in 2021

The amount clocked a 10.4% YoY increase.

Cushman & Wakefield, its latest Investment Market Beat research report, revealed that the Singapore real estate market has attracted almost $26.2b of investment sales, clocking in a 10.4% year-on-year (YoY) increase as economic recovery boosted investors' confidence in the market.

Total investment volume in the fourth quarter (Q4) of 2021 moderated to around $7.4b due to the lack of government land sale (GLS) sites sold during the quarter compared to the third quarter (Q3).

The private residential market continues to be the main driver of investment sales, taking up 38% of investment sales. Total residential investment volume declined to $2.8b compared to $3.8b registered in the preceding quarter. The decrease was mainly driven by the lack of public residential deals as there was no residential GLS tender closing during the quarter, whilst four residential GLS sites were sold in Q3 for around $1.7b.

The government announced another round of cooling measures, which took effect on 16 December 2021 to prevent the market from overheating. Following the new measures, the residential collective sale market is expected to cool as developers become more cautious and selective in their land acquisition activities. Nonetheless, the residential collective sale market could still pick up, albeit at a much slower pace, as unsold inventory remains low and developers are still looking to replenish their landbanks.

Cushman & Wakefield Research expects a 'sanguine' outlook for the residential collective sale markets despite the latest round of cooling measures as developers are expected to continue replenishing their landbanks amid fast-depleting unsold stock. Continued economic growth, as well as relatively a low-interest-rate environment, would further support investors' confidence in deploying capital for quality assets. Shophouses, office, and industrial properties to stay high on the radar for investors and investment sales activities to remain robust in 2022.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Keppel Corp had the most growth.
It got Asian Infrastructure Investment Bank as its investor.
This optimistic performance is expected to continue until March 2022.
The stock saw a contradicting rise of 51%, despite the STI observing a dip of 4.2% during the period. 
Along with this, the group recommends a green financing bank.
The SGX listed SPAC raised $23.4m from the offering.
They believe crypto's value will increase in the next five years.
ThaiBev had the most growth.
VSTPL’s failures placed the trust at a higher risk of being used as a conduit for illegal activities, says MAS.
The growth rate estimate is lower than the 2021 forecast of 6.6%.
The bank assured customers that it employs a multi-layered defence system against fraud.
This after S-REITs delivered a modest 6% in total returns in 2021. 
Banks are asked to remove links in emails and SMS sent to customers.
It will redeploy the proceeds from this divestment into higher-yielding assets.