--- title: "Singapore CRE investment jumps 179% in Q1: CBRE" type: "News" locale: "en" url: "https://longbridge.com/en/news/286017921.md" description: "Singapore's commercial real estate investment surged 179% QoQ in Q1 2026, marking the largest increase in Asia Pacific, driven by low interest rates and significant transactions, including Hongkong Land's US$6.5b acquisition of prime CBD assets. The economy outperformed expectations with a 4.6% YoY GDP growth. Office vacancy hit a record low of 3.3%, while retail sales remained positive. Logistics demand grew, particularly from the semiconductor sector. However, overall Asia Pacific investment volume fell 9% QoQ, with geopolitical tensions potentially impacting future activity." datetime: "2026-05-12T01:25:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286017921.md) - [en](https://longbridge.com/en/news/286017921.md) - [zh-HK](https://longbridge.com/zh-HK/news/286017921.md) --- # Singapore CRE investment jumps 179% in Q1: CBRE **Office vacancy fell to a record low.** Singapore recorded the largest quarterly increase in commercial real estate investment volume in Asia Pacific in Q1 2026, with transactions rising 179% QoQ, according to CBRE. The increase was supported by the low interest rate environment and major transactions, including Hongkong Land’s debut core fund acquisition of prime Singapore CBD assets such as Asia Square Tower 1 and Marina Bay Financial Centre Towers 1 and 2 for US$6.5b. CBRE said Singapore’s economy also outperformed expectations, with GDP expanding 4.6% YoY in Q1, supported by solid export growth. Market rates continued to trend lower, with Singapore’s 3M SORA at 1.05% as of May 6, down 203 basis points from end-2024 and 14 basis points from Q42025. In the office sector, Singapore Grade A vacancy fell to a record-low 3.3%, supported by steady flight-to-quality demand from banking and financial occupiers. AI occupiers are also increasingly moving from flexible space to self-managed offices as the business segment matures. Singapore office rents rose modestly during the quarter, in line with broader regional office rental growth. Retail conditions also remained resilient. CBRE said Singapore retail sales stayed positive in Q1, excluding motor vehicles, whilst vacancy in prime retail areas remained tight as retailer demand focused on core locations. Tight availability supported further growth in retail rentals. In logistics, Singapore's demand was driven by third-party logistics providers and engineering firms supporting the semiconductor sector, reinforcing the need for newer, higher-specification facilities. Prime logistics vacancy tightened to 4.3% amid an absence of new completions. Yields also tightened in Singapore, with office and retail yields compressing by around 10 basis points QoQ each, in line with the decline in the city’s lending rate. Across Asia Pacific, commercial real estate investment volume fell 9% QoQ to US$46.2b, pulling back from the previous quarter’s record high, but remained 18% higher YoY. CBRE said geopolitical tensions and a less accommodative interest rate environment could weigh on activity, although favourable occupier market fundamentals should support investor confidence. ### Related Stocks - [STI.SG](https://longbridge.com/en/quote/STI.SG.md) - [HKL.SG](https://longbridge.com/en/quote/HKL.SG.md) - [H78.SG](https://longbridge.com/en/quote/H78.SG.md) - [ES3.SG](https://longbridge.com/en/quote/ES3.SG.md) - [CBRE.US](https://longbridge.com/en/quote/CBRE.US.md) ## Related News & Research - [First condo launches in Tengah and Bayshore ignite April jump in new private home sales](https://longbridge.com/en/news/286568874.md) - [AI boom insulates Singapore's exports from Middle East fallout: report](https://longbridge.com/en/news/286854216.md) - [LIRR issues advice to New York commuters as rail strike enters its 3rd day: Work from home if you can](https://longbridge.com/en/news/286761963.md) - [PM Modi's push for WFH may push up flex, managed workspace demand](https://longbridge.com/en/news/286672826.md) - [SBF calls for strong execution of Singapore’s Economic Strategy Review](https://longbridge.com/en/news/286488938.md)