# Real estate investment sales set to hit new record in 2026: Knight Frank Singapore

- **Source:** EdgeProp Singapore
- **Published:** 2026-10-12T11:42:47.000Z
- **Author:** Atiqah Mokhtar
- **Original:** https://www.edgeprop.sg/property-news/real-estate-investment-sales-set-hit-new-record-2026-knight-frank-singapore
- **Topics:** Commercial & Industrial, Transactions & Deals, Investment & Capital Markets

## Featured rationale

The record volume signals broad investor confidence across property segments, while anticipated rate hikes may accelerate deal completions and support healthy transaction activity through year-end.

## AI summary

Singapore investment sales reached $42.4 billion in the first nine months of 2026, surpassing 2025’s $40.7 billion record, and could approach $50 billion.

## Original article

Singapore real estate investment sales are poised to hit an all-time annual high in 2026, according to research by Knight Frank Singapore.

Data in an October report shows investment sales totalled $10.7 billion in 3Q2026, moderating from the $16.2 billion and $15.5 billion logged in the first and second quarters.

Still, it brings the sales volume tally to $42.4 billion for the first nine months of the year, already surpassing the record-setting $40.7 billion achieved for the whole of 2025.

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Consequently, the stage is set for 2026 to achieve “a new all-time record”, said Melvin Chay, Knight Frank Singapore’s interim head for capital markets. Knight Frank Singapore estimates total investment sales could reach around the $50 billion mark this year.

This comes as Chay expects transaction momentum to “remain healthy” in 4Q2026, supported by “several large ticket deals presently in due diligence”.

“As there are expectations of rate hikes leading to increased borrowing costs, parties involved in ongoing negotiations might be motivated to complete their transactions by year-end,” he added.

Residential deals led investment activity in 3Q2026 at $4.3 billion, overtaking commercial transactions, which had topped volumes for the previous three consecutive quarters.

The bulk of residential investment sales last quarter came from Government Land Sales, along with the sale of a site at 8 Thomson Lane to a Sustained Land-led consortium for around $1 billion (including land betterment charges).

Commercial investment sales totalled $2 billion in 3Q2026, largely underpinned by two deals involving Orchard Road assets.

Read also: Apac posts US$105 bil real estate investments in 1H2026 as market hits turning point: Colliers

The first was Hongkong Land Holdings’ $1.1 billion acquisition of Wheelock Place, a commercial building with office and retail space, through its Singapore Central Private Real Estate Fund in July. The second deal was the $310 million purchase of Scotts Square mall by Royal Holdings and RB Capital.

The industrial sector saw higher investment activity, with transaction value clocking in at $2 billion in 3Q2026 – more than double the previous quarter.

Deals were anchored by public sector land sales, with JTC awarding three Business 2 industrial sites at Jalan Buroh, Kaki Bukit and 5 Tuas Avenue for $214.4 million, $52.8 million and $43.4 million respectively during the quarter.

In addition, two purpose-built worker dormitory sites at Kranji Close and Lok Yang Way were awarded for $343 million and $221.7 million, respectively.

The living and hospitality sector recorded a sole transaction in 3Q2026: the sale of Coliwoo Midtown, a 212-key co-living property on Middle Road, to CapitaLand Ascott Trust for $134 million ($632,075 per key).

Nonetheless, hotel transactions have totalled $1.5 billion across seven deals for the first nine months of the year, exceeding the $957.2 million value (across nine deals) logged for the whole of 2025, Knight Frank highlights.

Read also: Offices get pricier to rent and buy in 2Q2026, pipeline supply dwindles

## Chinese translation

> Translation model: grok_cli

### 房地产投资成交额有望在2026年创下新纪录：Knight Frank新加坡

Knight Frank新加坡估计，2026年全年投资成交额可能达到约500亿新元的水平。

根据Knight Frank新加坡的研究，新加坡房地产投资成交额有望在2026年创下年度历史新高。

一份10月报告中的数据显示，2026年第三季度投资成交额总计107亿新元，较第一季度录得的162亿新元及第二季度的155亿新元有所放缓。

尽管如此，今年前九个月的成交额累计因此达到424亿新元，已超越2025年全年创纪录的407亿新元。

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因此，2026年已经具备实现“新的历史最高纪录”的条件，Knight Frank新加坡资本市场临时主管Melvin Chay表示。Knight Frank新加坡估计，今年投资成交总额可能达到约500亿新元的水平。

与此同时，Chay预计2026年第四季度交易势头将“保持稳健”，支撑因素是“数宗目前正处于尽职调查中的大额交易”。

他补充道：“由于存在加息将推高借贷成本的预期，正在进行谈判的各方可能会更有动力在年底前完成交易。”

住宅交易以43亿新元引领2026年第三季度的投资活动，超越商业交易；商业交易在此前连续三个季度的成交额中居首。

上季度住宅投资成交的大部分来自政府售地计划（Government Land Sales），以及一幅位于8 Thomson Lane的地块以约10亿新元（含土地增值费）售予由Sustained Land牵头的财团。

2026年第三季度商业投资成交额总计20亿新元，主要由两宗涉及乌节路资产的交易所支撑。

延伸阅读：亚太地区2026年上半年房地产投资达1050亿美元，市场迎来转折点：Colliers

第一宗是Hongkong Land Holdings于7月通过其Singapore Central Private Real Estate Fund，以11亿新元收购Wheelock Place这一兼具办公与零售空间的商业大厦。第二宗交易是Royal Holdings与RB Capital以3.1亿新元购入Scotts Square商场。

工业领域的投资活动有所增加，2026年第三季度交易额达到20亿新元，超过上一季度的两倍。

交易主要由公共部门土地销售支撑。本季度，JTC分别以2.144亿新元、5280万新元和4340万新元，批出位于Jalan Buroh、Kaki Bukit及5 Tuas Avenue的三幅Business 2工业地块。

此外，位于Kranji Close和Lok Yang Way的两幅专用工人宿舍地块分别以3.43亿新元和2.217亿新元批出。

居住与酒店业在2026年第三季度仅录得一宗交易：位于Middle Road、拥有212个钥匙的共居物业Coliwoo Midtown，以1.34亿新元（每钥匙632,075新元）售予CapitaLand Ascott Trust。

尽管如此，Knight Frank指出，今年前九个月酒店交易共七宗，总额达15亿新元，超过2025年全年录得的9.572亿新元（共九宗交易）。

延伸阅读：2026年第二季度办公楼租赁及购买价格上涨，供应管道萎缩