Cross-border investors pour US$1.49 bil into land and development projects in Singapore in 2024: Colliers
According to Colliers’ Global Capital Flows report, Singapore ranked as the second most attractive cross-border destination for property and development ventures in 2024, with US$ 1.49 billion ($1.99 billion) invested in the local realty market.
The United States was the leading source of cross-border real estate investment capital, contributing US$ 48.48 billion, followed by Canada and the UK at US$ 19.7 billion and US$ 10.78 billion, respectively.
This year, return spreads throughout all places around the world are anticipated to align to similar degrees, which will enable the broader development of residential and cross-border capital, states Pilgrim. Property markets in Europe, the Middle East and Africa (EMEA), as well as the Asia Pacific region, could be the major recipients of an expansion in global cross-border investment activity amidst a more powerful US dollar this year.
“Singapore’s strategic positioning and robust investment option appeal have actually strengthened its status as a global capital hub,” says Bastiaan van Beijsterveldt, managing director at Colliers Singapore. “As we navigate 2025, Singapore remains a beacon for financiers seeking development and stability in the vibrant Asia Pacific region”.
In addition to being a top destination for capital investment, Singapore-based investment company were the 4th strongest source of cross-border capital stream right into various other realty industry, with an overall outflow of US$ 8.9 billion in 2024.
Over two years in the Asia Pacific region, 5 real property industries drew in the most interest from financiers, led by the office market which accumulated US$ 57 billion, complied with by industrial assets (US$ 55 billion), retail (US$ 37 billion), multifamily properties (US$ 17 billion), and hospitality (US$ 15 billion).
China stays the number one location for cross-border real estate investment, with US$ 29.1 billion pouring into the nation last year. On the other hand, Germany and Australia took 3rd and fourth spot in the global positions, specifically, with US$ 1.02 billion and US$ 1.01 billion in investments.
“As a worldwide resources centre, Asia Pacific’s different investment appeal is certain,” states Chris Pilgrim, Colliers administering director of Global Capital Markets, Asia Pacific. The region’s strategic position and expanding influence underscore its pivotal duty in shaping the international investment landscape, he says.
