Investment sales in Singapore experienced a significant rebound in the third quarter of 2025, with total transactions reaching S$11.09b, nearly doubling from the S$5.66b recorded in the second quarter. This growth was bolstered by declining interest rates and supportive regulatory reforms, according to Savills’ latest briefing.
The residential sector led the charge, accounting for 45.1% of the market, with investment sales soaring to nearly S$5b—more than twice the amount from the previous quarter. The commercial sector also saw a substantial increase, with sales hitting S$2.52b, up from S$426.9 million in Q2. This was largely due to several high-value transactions and renewed interest in strata-titled units and shophouses.
Despite a 26.7% quarter-on-quarter decline in the industrial sector, which totalled S$1.05b, Singapore Real Estate Investment Trusts (S-REITs) remained active, benefiting from a positive market environment. Private-sector transactions in this segment surpassed those in the first and second quarters of the year.
Savills has revised its forecast for 2025, projecting total investment sales to reach between S$28b and S$30b, up from an earlier estimate of S$20b. The firm anticipates that favourable market conditions will persist into 2026, potentially maintaining the high investment sales values seen this year.
