SINGAPORE PROPERTY

More office buildings lined up for sale ahead of impending Marina One deal

Lazada One, 30 Raffles Place, FPL’s half stake in Frasers Tower are among the offerings; strong interest for Income Centre

Kalpana Rashiwala
Published Thu, Jul 30, 2026 · 07:25 PM — Updated Thu, Jul 30, 2026 · 09:14 PM
    • Frasers Tower in Cecil Street was valued at S$2.12 billion as at Sep 30, 2025. Only Frasers Property’s half stake is available for sale.
    • Frasers Tower in Cecil Street was valued at S$2.12 billion as at Sep 30, 2025. Only Frasers Property’s half stake is available for sale. PHOTO: BT FILE

    [SINGAPORE] Strong investment sales in Singapore’s office market is likely to continue in the second half of this year, on the back of at least one impending mega deal – Marina One – as well as more properties being put on the market.

    The latest data from JLL shows that S$10.8 billion of Singapore offices were transacted in H1 2026, surpassing the S$4 billion for the whole of last year.

    The historical peak was in 2007, when S$13.3 billion in office deals were recorded.