Medical Suite Shortage in Singapore: A Premium Real Estate Market
With fewer than 1,600 medical-suite units across Singapore, healthcare real estate is in short supply. High demand from doctors and clinics ensures strong rental yields and rising investment interest in this niche market.
Singapore’s medical real estate market is highly constrained, with fewer than 1,600 dedicated medical-suite units available across the city-state. These units, typically located near major hospitals and integrated healthcare hubs, are in high demand by doctors and medical operators seeking premium spaces for clinics.
The limited supply has created a competitive rental market, with yields of 3–3.5%—attractive for real estate investors in Singapore’s mature market. Healthcare-focused funds and developers are increasingly targeting this sector, viewing it as a stable, defensive asset class resilient to economic cycles.
As Singapore continues to invest in becoming a leading medical tourism and health innovation hub, the value of medical real estate is only set to rise. Developers and investors are now exploring mixed-use healthcare projects that blend clinics, rehabilitation centers, and wellness services with residential and retail components.