Cross-border investors pour US$1.49 bil into land and development projects in Singapore in 2024: Colliers
According to Colliers’ Global Capital Flows report, Singapore placed as the second most appealing cross-border location for property and development ventures in 2024, with US$ 1.49 billion ($1.99 billion) purchased the local property market.
Over 2 years in the Asia Pacific region, 5 real property fields drew in the most attention from investors, led by the office industry which collected US$ 57 billion, adhered to by industrial assets (US$ 55 billion), retail (US$ 37 billion), multifamily real properties (US$ 17 billion), and hospitality (US$ 15 billion).
This year, income spreads throughout all of the places around the world are anticipated to line up to similar degrees, that will allow the broader development of residential and cross-border capital, says Pilgrim. Property industry in Europe, the Middle East and Africa (EMEA), as well as the Asia Pacific region, can be the primary beneficiaries of an expansion in global cross-border investment activity amid a more powerful US dollar this year.
“Singapore’s strategic position and sturdy investment 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 investors seeking growth and stability in the vibrant Asia Pacific region”.
China remains the leading destination for cross-border realty venture, with US$ 29.1 billion pouring into the country in 2024. At the same time, Germany and Australia took 3rd and fourth position in the international rankings, specifically, with US$ 1.02 billion and US$ 1.01 billion in investments.
“As a worldwide resources hub, Asia Pacific’s diverse financial investment appeal is evident,” states Chris Pilgrim, Colliers administering director of Global Capital Markets, Asia Pacific. The region’s strategic setting and increasing effect underscore its pivotal role in defining the global investment landscape, he says.
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.
In addition to being a leading destination for capital spending, Singapore-based investment company were the 4th greatest source of cross-border resources movement into other realty markets, with a complete outflow of US$ 8.9 billion in 2024.
