Cross-border investors pour US$1.49 bil into land and development projects in Singapore in 2024: Colliers
According to Colliers’ Global Capital Flows report, Singapore ranked as the 2nd most alluring cross-border location for property and development investments in 2024, with US$ 1.49 billion ($1.99 billion) purchased the local property industry.
Over 2 years in the Asia Pacific area, five real property markets pulled in the most interest from investors, led by the office field which accumulated US$ 57 billion, complied with by commercial assets (US$ 55 billion), retail (US$ 37 billion), multifamily properties (US$ 17 billion), and hospitality (US$ 15 billion).
“Singapore’s strategic positioning and robust investment demand have solidified its status as a global capital hub,” says Bastiaan van Beijsterveldt, managing director at Colliers Singapore. “As we get through 2025, Singapore continues to be a beacon for financiers seeking growth and stability in the vibrant Asia Pacific region”.
“As a global capital center, Asia Pacific’s different investment appeal is certain,” states Chris Pilgrim, Colliers managing executive of Global Capital Markets, Asia Pacific. The region’s strategic position and growing influence underscore its pivotal role in shaping the international investment landscape, he says.
In addition to being a leading destination for capital spending, Singapore-based investment company were the 4th strongest resource of cross-border funding flow into other property industry, with a complete outflow of US$ 8.9 billion in 2024.
The United States was the top source of cross-border realty investment capital, contributing US$ 48.48 billion, adhered to by Canada and the UK at US$ 19.7 billion and US$ 10.78 billion, respectively.
This year, yield spreads across all regions around the world are anticipated to line up to similar degrees, that will allow the broader development of domestic and cross-border capital, says Pilgrim. Property industry in Europe, the Middle East and Africa (EMEA), as well as the Asia Pacific area, could be the primary beneficiaries of a growth in global cross-border investment activity in the middle of a more powerful US dollar this year.
China continues to be the top spot for cross-border property venture, with US$ 29.1 billion pouring into the nation in 2024. On the other hand, Germany and Australia took 3rd and fourth spot in the global rankings, respectively, with US$ 1.02 billion and US$ 1.01 billion in investments.
