Market Commentary
The Year the Tide Turned Quietly
2025 was really an infrastructure year, not tech. Markets rewarded constraints — chips, power, data centres, and balance sheets that can fund scale.
January 2026
Singapore Rongsheng Group
Proprietary Capital
for Asia's Real Economy
A single family office headquartered in Singapore, deploying proprietary capital across Southeast Asia's real economy through disciplined, conviction-driven strategies.
About SRSG
Structured for
Lasting Value
Singapore Rongsheng Group (SRSG) is a single family office headquartered in Singapore, established in 2019. We deploy our own proprietary capital into real economy assets across Southeast Asia, with a focus on industrial, logistics, and commercial real estate.
Rather than managing money on behalf of external clients, SRSG invests directly from its own balance sheet. Where we identify compelling opportunities at scale, we structure investment vehicles and selectively invite like-minded investors to co-invest alongside the family's capital.
Operating as an integrated, multifunctional team across various industries and geographies, SRSG leverages deep local networks and hands-on asset management to create value throughout the investment lifecycle.
经营为本 · 务实创新
Management-Oriented, Pragmatic Innovation
Our Philosophy
Built on Conviction,
Driven by Discipline
Our investment philosophy is anchored by five core values that guide every decision we make — from how we deploy our own capital to how we structure opportunities for those who invest alongside us.
Excellence
We lead by example, maintaining the highest standards in every investment decision and delivering tailored financial solutions.
Integrity
Our word is our bond. We hold ourselves accountable and ensure alignment with our partners at every stage.
Relationship
We treat those who invest alongside us as partners, building long-term trust through transparent collaboration.
Innovation
We question accepted wisdom and pursue creative solutions with an entrepreneurial spirit to unlock value.
Service
We leverage collective insights and commit to doing it right the first time, delivering exceptional outcomes.
US$0M+
Proprietary Capital Deployed
2019
Year Established
0
Cities Across Asia-Pacific
S$0B
AUM Target by 2030
Sectors & Asset Classes
Investing in the Backbone of Growth
We deploy our proprietary capital into real asset sectors that underpin the structural growth of Southeast Asia's economies — from industrial and logistics to digital infrastructure.
Logistics & Industrial
APAC transaction volumes reached $131.3B in 2024, up 23% YoY.
Data Centres & Digital Infrastructure
Singapore data centre vacancy at ~2%, with AI-driven expansion across APAC.
Industrial
Purpose-built industrial facilities and manufacturing parks across high-growth Southeast Asian corridors.
Logistics
Modern logistics and distribution centres positioned at critical supply chain nodes in the Asia-Pacific region.
Commercial
Grade-A commercial office assets in prime CBD locations, catering to multinational and regional corporate tenants.
Value-Add
Repositioning and enhancement strategies that unlock latent value in under-managed or transitioning assets.
Data Centres
Next-generation digital infrastructure assets serving the region's rapidly expanding cloud and AI-driven demand.
Investment Vehicles
Structured for Performance
Where we identify compelling opportunities at scale, SRSG structures dedicated investment vehicles — anchored by the family's own capital — and selectively invites qualified investors to participate alongside us.
Active
SAGE I
PERE Fund
Southeast Asia Growth Equity Fund I — a private equity real estate fund targeting value-add and opportunistic industrial and logistics assets across Southeast Asia. Structured to allow qualified investors to co-invest alongside SRSG's proprietary capital.
Industrial & Logistics
Southeast Asia Focus
Value-Add Strategy
Active
APRIL 1
PERE Fund
Asia Pacific Real Estate Income and Logistics Fund 1 — focused on income-generating logistics and commercial assets across the Asia-Pacific region, anchored by the family's own committed capital.
Income-Generating
Asia-Pacific
Logistics & Commercial
Active
RS-REIT
Private REIT
Rongsheng Real Estate Investment Trust — a private REIT structured to provide stable, recurring income from a diversified portfolio of real economy assets, with SRSG as the cornerstone investor.
Recurring Income
Diversified Portfolio
Real Economy Assets
These investment vehicles are structured and domiciled outside Singapore and are not offered to the public in Singapore. Participation is available exclusively to qualified investors on an invitation-only basis. Past performance is not indicative of future results.
Our Vision
The 3 by 6 Vision
SRSG's strategic roadmap targets S$3 billion in total assets by 2030 — a disciplined path built on conviction, regional expertise, and hands-on value creation across our proprietary portfolio.
S$3B
Target Assets
2030
Target Year
Geographic Presence
Rooted in Singapore,
Reaching Across Asia
Headquartered in Singapore with a network spanning six cities across the Asia-Pacific, SRSG leverages deep local relationships and on-the-ground presence to source and manage proprietary investments.
Singapore
Hanoi
Hong Kong
Seoul
Shanghai
Sydney
Insights
Market Perspectives
Featured ResearchApril 2026
Southeast Asia Data Centre Market Analysis
Comprehensive analysis of the region's explosive growth — USD 13.71B to USD 30.47B by 2030 — covering investor landscape, country-level analysis, recent deals, and investment opportunities.
Read Report
Market Overview
Asia-Pacific & Middle East Logistics and Data Sectors
APAC transaction volumes reached $131.3 billion in 2024, up 23% YoY. APAC data centre leasing remains tight with Singapore at ~2% vacancy.
Q4 2024
Industry Analysis
Scale, Structure, and What Has Worked
Growth creates opportunity. Structure determines whether it is captured. A federated model protecting operating autonomy may offer the most sustainable path.
March 2026
Contact
Let's Start a Conversation
We welcome enquiries from qualified investors and potential partners interested in co-investing alongside SRSG in Asia's real economy.
Office
7 Temasek Boulevard #12-07
Suntec Tower One
Singapore 038987
Important Notice & Disclaimer
SRSG Pte Ltd operates as a single family office managing the proprietary assets of the Rongsheng family. As a single family office, SRSG is exempt from holding a Capital Markets Services licence under the Securities and Futures Act 2001 of Singapore ("SFA"), as it does not carry on a business of fund management for external clients.
The investment funds referenced on this website are structured and domiciled outside of Singapore and are neither offered, marketed, nor distributed to persons in Singapore. Accordingly, such funds are not regulated as collective investment schemes under the SFA and are not required to be authorised or recognised by the Monetary Authority of Singapore ("MAS").
SRSG's principal investment activities relate to real estate, which falls outside the definition of "securities" and "futures contracts" under the SFA. Direct investment in real property is generally not a regulated activity under Singapore's securities legislation.
Nothing on this website constitutes an offer, solicitation, or recommendation to any person to enter into any transaction or to adopt any investment strategy. Any participation in SRSG's investment vehicles is available only to qualified investors on a private, invitation-only basis, subject to the terms and conditions of the relevant offering documents. Past performance is not indicative of future results.