The Monetary Authority of Singapore reported in a parliamentary response that more than 2,000 single family offices received tax incentives as of end-December 2025. The families concerned originated predominantly from the Asia-Pacific region, followed by Europe and the Americas. Singapore’s wider asset management industry grew 10.1% in 2025, reaching a record SGD 6.7 trillion in assets under management. The response did not provide assets under management specifically attributable to single family offices or figures for applications under processing.
Monetary Authority of Singapore2026-08-05
Monetary Authority of Singapore reports more than 2,000 single family offices receive tax incentives
More than 2,000 single family offices received Singapore tax incentives as of end-December 2025, with most originating from the Asia-Pacific region. The asset management industry’s total assets grew 10.1% to SGD 6.7 trillion in 2025, but the response did not disclose family office-specific assets or pending application figures.