The JTC all industrial rental index rose 0.5% in Q4 2025, with all segments posting positive growth, even as overall occupancy dipped to 88.7% on the back of strong completions. Industrial rents are expected to grow steadily at 1% to 3% through 2026.

Singapore's investment sales strengthened to S$13.7 billion in Q4 2025, underpinned by easing interest rates and broad buyer confidence across office, retail, industrial, and government land segments. Office and industrial markets held firm with rising rents and occupancy, while retail remained stable on resilient domestic demand and 16.9 million visitor arrivals for the full year. Residential prices grew at a slower pace of 0.6% in Q4, though total sales hit a four-year high

Singapore's retail market remained stable in Q4 2025, with island-wide occupancy edging up to 93.7% on resilient suburban demand and steady city-area absorption. New supply is expected to stay limited through 2026 and 2027, supporting rental growth projections of 1.5% to 2.5% along prime Orchard/Scotts Road and 1% to 2% across other city and fringe/suburban locations.

Island-wide office occupancy rose to 95.1% in Q4 2025 — the highest since Q1 2024 — driven by net absorption in the CBD, with Central Region rents edging up 0.4% quarter-on-quarter supported by premium Marina Bay pricing. Capital values continued to soften, with the Central Region office price index slipping 0.7% quarter-on-quarter, even as large-ticket transactions such as MBFC Tower 3 kept deal activity supported.

Private home prices continued to rise in Q4 2025, with the URA price index up 0.6% quarter-on-quarter and 3.3% for the full year — the slowest annual growth since 2020 — while total sales reached a four-year high of 26,492 units driven by strong new home demand. Rentals eased modestly on seasonal factors, though overall occupancy held at around 94%, keeping the leasing market on stable footing.

Luxury home sales climbed to a 13-quarter high in Q4 2025, with 184 transactions above S$5 million in the Core Central Region driven by new launches, as Singaporeans accounted for 73.4% of purchases amid continued foreign buyer restraint. Ultra-luxury demand held firm, with stable deal volumes above S$10 million and sustained acceptance of premium pricing including transactions exceeding S$6,000 psf.