Seven in ten real estate professionals in Singapore have seen their salaries increase by an average of 14% as they entered 2026, according to the latest ‘Salary, Rewards and Sentiments’ survey by Macdonald & Company. The survey, which included data from 445 professionals, highlights significant salary growth, with the median annual pay now at S$158,000.
The report reveals that whilst annual reviews are the most common reason for pay rises, affecting 49% of respondents, they offer the smallest increase at 7%. In contrast, changing employers, though less frequent at 14%, results in the largest salary boost, averaging 32%. Will Buck, Singapore Managing Director at Macdonald & Company, noted, “It’s clear that those changing roles are capturing the greatest gains.”
Despite the salary increases, only 9% of respondents cited pay as a reason for feeling valued at work. Recognition of work and relationships with managers were more significant factors, at 37% and 21% respectively. For those feeling undervalued, company culture and values were the primary concerns, surpassing salary and career growth opportunities.
The survey also highlights gender disparities, with women more likely to receive a pay rise (79% compared to 70% for men) and experiencing a higher average uplift (17% versus 14%). However, men are more likely to attribute their pay rise to promotions.
AI adoption is on the rise, with 67% of respondents reporting its use at work, though only 52% feel confident using it. The findings suggest a need for further training and support. Additionally, 85% of professionals consider bonuses the most important employment benefit, followed by healthcare at 51%.
