Investment Market Update Q1 2025

Key Highlights

• Investment sales activity in the first quarter of 2025 slowed to S$5.5 billion, a 41.1% fall from S$9.3 billion in Q4 2024 but a 16.6% y-o-y gain from S$4.7 billion in Q1 2024. This was comparatively quiet after a year of constant growth in market activity for most of 2024.
   

• In the first quarter of 2025, River Valley Apartments was sold for S$56.0 million to a family office in February, making it the first successful collective sale of the year. Given there is evident demand for private homes, developers will continue to look out for attractive sites with a suitable price tag.  

  properties due to the cooling measures that are in place and high construction costs, commercial or mixed-use developments of palatable sizes and realistic asking prices have a higher chance of success.

• Both institutional funds and private wealth continue to scout the market for opportunities, with deals brewing especially in Singapore’s industrial sector with its diverse spread of assets.

Read full report here.