Foreign Investment in Singapore Property Triples in Q2

SINGAPORE, Aug 13, 2026 — Foreign capital surged into Singapore’s property market in the second quarter, with cross-border investment volumes hitting $3.84 billion (US$3 billion), tripling year-on-year, according to Knight Frank. Cross-border capital accounted for 58.1% of total investment, led by IOI Properties Group’s $2.43 billion acquisition of Asia Square Tower 2 from CICT.

The transaction highlights continued demand for prime CBD office assets, supported by stable recurring income and limited new supply.

Singapore Property

The hotel sector also attracted strong international interest, recording $518.67 million in deals, up 15.4% from last year. The largest transaction was Orchid Hotel, sold for $273.55 million to a joint venture between Master Contract and Westmont Hospitality Group.

Regionally, Asia-Pacific commercial real estate investment rose 31.1% in Q2, though activity eased 22.5% from Q1’s record levels, signaling normalization rather than reversal of recovery momentum.

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