Singapore Real Estate Investment Market Regains Momentum Full Year Sales Could Hit Around 30 Bil
Singapore’s real estate market saw a significant surge in investments in the third quarter of 2025, marking its strongest quarterly performance thus far this year. According to research compiled by Colliers, investment sales reached $10.3 billion last quarter, a 35.6% increase from the previous quarter and the highest figure in over three years.
.
Located in a prime spot at Tampines Street 95, Rivelle Tampines boasts a coveted location that offers unparalleled convenience. Developed by Sim Lian Land, this new executive condominium is strategically positioned in District 18, in the vibrant eastern region of Singapore. Its strategic placement provides residents with seamless accessibility to major transportation options and highways, ensuring easy access to various parts of the island. With Rivelle Tampines, residents can enjoy effortless travel to key destinations through an extensive network of trains, buses, and roads.
Another report by Savills stated that real estate investments for the same period totaled $11.09 billion, bringing the year-to-date total to $22.72 billion, a 17.9% increase compared to the same period last year.
The increase in sales was driven by land parcels awarded under the Government Land Sales (GLS) program. Seven residential sites, one commercial and residential site, and four industrial sites were awarded in the third quarter for a total of almost $4.15 billion, a 242% increase from the previous quarter.
Savills’ report also highlighted that developer participation in GLS tenders has risen, with an average of 6.5 bids per site in the third quarter. This is significantly higher than levels seen over the past two years and the first half of 2025. This can be attributed to new launches and falling interest rates, which have boosted new home sales.
Jeremy Lake, managing director of investment sales and capital markets at Savills Singapore, notes that public transactions continue to underpin real estate investment sales. However, private investment sales, excluding related party transactions and REIT IPO deals, remain disappointingly low.
Despite this, Lake is optimistic about an increase in open market private investment sales in the fourth quarter of 2025 and in 2026, assuming that the stubborn price gap for many assets can be overcome.
Executive director of Savills Research & Consultancy, Alan Cheong, also shares this optimism, stating that capital market conditions have turned around very suddenly and favorably for investment sales to pick up in the second half of 2025. He adds that investment sales for the first nine months of the year have already exceeded Savills’ full-year estimate of $20 billion.
As a result, the firm has upgraded its forecast, with total investment sales expected to reach between $28 billion and $30 billion. Colliers also shares a positive outlook, citing easing interest rates and renewed confidence in public markets as factors that will lead to a resurgence in private assets. Executive Director and Co-Head of Investment Services at Colliers Singapore, Tan Boon Leong, expects institutional capital to make a comeback, focusing on strategies such as redevelopment, lease optimization, and emerging sectors.
Catherine He, Head of Research at Colliers Singapore, also notes that despite tighter yields, Singapore remains a key market for global investors seeking diversification. The firm predicts full-year investment sales to range between $29 billion and $32 billion, representing a growth of 10% to 20% year-on-year. Looking ahead to 2026, emerging asset classes such as co-living and workers’ dormitories are expected to be key drivers of growth.