SG is 2nd most preferred destination for cross-border investment in APAC

Last year, the Lion City ranked third.

Singapore has risen in the ranks of the most preferred destinations for cross-border investment in Asia-Pacific, the latest CBRE Asia Pacific Investor Intentions Survey showed.

In the 2023 edition of the survey, Singapore rose to the second rank, behind Tokyo. Last year, the Lion City placed third.

According to CBRE, Singapore’s “stable currency, political and tax system” were the key factors why Singapore remains an attractive destination for real estate investments.

“Whilst institutional buyers are likely to stay low profile in the short term, private wealth and families remain interested in Singapore as a location for long-term real estate
Investment.” the real estate expert commented.

In 2022, Singapore’s investment volumes crossed $30b, its highest record over the last four years. And whilst there was an absence in large ticket deals during the second of last year, CBRE said strata offices, shophouses and GCBs still saw resilient volumes.

“As such, we expect buying interest for these segments to continue in 2023,” CBRE commented.

Follow the link for more news on

CBRE

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia