Chinese developers surge in Singapore's 2025 property market with record investments
Chinese developers are making bigger moves in Singapore’s property market. In 2025, they became the second-largest source of fixed-asset investment, holding a 21% share. This marks a sharp rise from just 2.5% in 2024.
The push began early in 2025. In March, SingHaiyi Group and Haiyi Holdings bought a Bayshore Road site for S$658.9 million. The 515-unit residential project will sit on the newly acquired land.
By April, Kingsford Group secured a 222,161 sq ft plot in Lentor Gardens for S$429.23 million. The deal signalled growing interest in suburban developments. Later that year, in November, the same developer purchased a 147,350 sq ft plot on Telok Blangah Road. The S$918.3 million acquisition is set to produce over 600 residential units. The trend continued into 2026. In the first quarter, Chinese investors acquired a 145,500 sq ft lot on Dover Drive for S$951 million. This high-value deal is expected to yield 625 new homes. Despite this activity, Singapore maintains strict property cooling measures. Foreign buyers still face a 60% Additional Buyer’s Stamp Duty (ABSD) on residential purchases.
Total fixed-asset investment in Singapore reached S$14.16 billion in 2025. Europe remained the largest investor with 25%, while the US fell to third at 17.3%. Chinese firms now hold a stronger position in the market than before.
