The real estate investment landscape in Singapore intensified in Q3 of 2025, driven by increased participation from governmental land sales (GLS) and a rise in real estate investment trust (Reit) activity, despite ongoing global economic challenges.
According to data from Knight Frank Singapore, total investment sales rose by 23.8% to S$10.5 billion, up from S$8.5 billion year-over-year. On a quarterly basis, there was a 7.5% increase. Residential sales accounted for S$4.2 billion in transactions, with S$4 million attributed to four key private GLS sites, which included a mixed-use commercial and residential development.
The largest deal recorded was the sale of the Chencharu Close mixed-use site, contributing S$1.01 billion to the total, followed by a competitive bid for a second mixed-use project that included Frasers Property and Mitsubishi Estate.
In the hospitality sector, Q3 activity held steady, with investor interest in accommodation rising. The market outlook remains positive, with forecasted trends indicating that investment sales will continue to thrive amidst strategic targeting by investors.