Cross-border investors pour US$1.49 bil into land and development projects in Singapore in 2024: Colliers
According to Colliers’ Global Capital Flows record, Singapore listed as the second most alluring cross-border destination for property and development ventures in 2024, with US$ 1.49 billion ($1.99 billion) purchased the local realty industry.
“As a worldwide funding hub, Asia Pacific’s different investment appeal is evident,” states Chris Pilgrim, Colliers supervising director of Global Capital Markets, Asia Pacific. The region’s strategic setting and growing effect underscore its pivotal role in shaping the global investment landscape, he says.
This year, return spreads across all of the areas around the world are anticipated to align to similar levels, that will allow the broader development of residential and cross-border capital, states Pilgrim. Property markets in Europe, the Middle East and Africa (EMEA), and also the Asia Pacific zone, could be the major recipients of a growth in global cross-border investment activity amid a more powerful US dollar this year.
The United States was the top source of cross-border property financial investment capital, adding US$ 48.48 billion, adhered to by Canada and the UK at US$ 19.7 billion and US$ 10.78 billion, specifically.
“Singapore’s strategic positioning and robust investment demand have 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 stays the number one place for cross-border real estate investment, with US$ 29.1 billion pouring into the country last year. At the same time, Germany and Australia took 3rd and 4th spot in the international positions, specifically, with US$ 1.02 billion and US$ 1.01 billion in investments.
Beyond two years in the Asia Pacific area, five realty industries pulled in the most interest from capitalists, led by the office market that gathered US$ 57 billion, adhered to by commercial assets (US$ 55 billion), retail (US$ 37 billion), multifamily properties (US$ 17 billion), and hospitality (US$ 15 billion).
In addition to being a top destination for capital spending, Singapore-based investment firms were the 4th strongest source of cross-border capital movement right into other property industry, with a total outflow of US$ 8.9 billion in 2024.
