Wellness Real Estate Growth in Southeast Asia
The Asia-Pacific wellness real estate market is growing fast, with Singapore, Malaysia, and Thailand leading integrated projects that combine residential, hospitality, and healthcare infrastructure into lifestyle-driven developments.
Wellness real estate is emerging as one of the fastest-growing segments in Asia-Pacific, with Southeast Asia playing an increasingly important role. According to CapitaLand Investment (CLI), the global wellness real estate market is projected to reach US$913 billion by 2028 , growing at nearly 17% annually.
In Southeast Asia, projects such as KL Wellness City in Malaysia , HealthCity Novena in Singapore , and luxury wellness resorts in Thailand highlight the region’s commitment to integrating healthcare, wellness, and real estate. These developments cater to both rising domestic demand and the international medical tourism market.
Investors are also backing the trend. CLI recently launched a S$350 million wellness real estate fund , which has already invested in luxury wellness resorts and specialist hospitals in Thailand. The fund underscores a strong appetite for healthcare-linked property assets in the region.
As Southeast Asia ages and healthcare needs rise, health real estate is set to become a cornerstone of both property investment and national development strategies.