These were Singapore’s notable commercial property investment deals in Q2

Investment sales reached almost S$400m during the quarter.

According to a Savills report, Singapore investment sales value for the commercial sector came to S$394.6 million in Q2/2025, weighed down by the absence of big-ticket block transactions — a stark contrast to the S$1.51 billion recorded in the previous quarter.

“For both the retail and shophouse segments, activity remained subdued amid heightened economic uncertainties stemming from tariff wars and broader geopolitical risks.”

Here’s more from Savills:

Nevertheless, investment activity in strata office units was at a healthy level. A total of 11 caveats, each transacted at a minimum of S$10 million, were recorded in the quarter, amounting to S$207.1 million. This represents a substantial increase from the three caveats worth a total of S$117.4 million in the previous quarter.

The most notable deal in Q2 is the S$55.8 million purchase of the 8th, 11th, and 12th floors of the 12-story freehold building at 108 Robinson Road by Kwan Im Thong Hood Cho Temple. The price translates to S$3,915 psf based on a total strata area of 14,252 sq ft.

Two additional floors in the development were also sold during the quarter: the 4th and 6th floors fetched S$17.3 million (S$3,740 psf) and S$18.0 million (S$3,790 psf), respectively. Aside from this building, strata units in other CBD office developments, including Samsung Hub, SGX Centre 2 and Suntec Tower One, also changed hands during the quarter.

In the public sector, the Singapore Land Authority has awarded the tender for the redevelopment of Tanjong Katong Complex to Jun Jie Development Pte Ltd, on a 30-year lease tenure. The tender, conducted via a Concept and Price Revenue Tender process, was awarded at a bid price of approximately S$90.0 million. The refurbished complex, which will include a planned extension, is expected to reopen by 2029.