The latest figure represents the highest annual investment sales total since 2017, when volumes reached S$35.16 billion, and reflects broad-based growth across both public and private sectors. Public-sector investment sales jumped 32.3 per cent year-on-year to S$11.6 billion, boosted by a rise in state tenders awarded from 20 in 2024 to 30 in 2025. Fourth-quarter figures compiled by Savills showed that total investment sales rose 44.4 per cent on the year to S$10.97 billion, from S$7.6 billion in the year-ago period. On a quarterly basis, total investment sales declined 3.3 per cent. Commercial sectorOn the commercial front, investment sales totalled S$3.45 billion, up 31.1 per cent from S$2.64 billion in the preceding quarter.