Cross-border investors pour US$1.49 bil into land and development projects in Singapore in 2024: Colliers
The United States was the top source of cross-border property investment capital, contributing US$ 48.48 billion, followed by Canada and the UK at US$ 19.7 billion and US$ 10.78 billion, respectively.
According to Colliers’ Global Capital Flows record, Singapore ranked as the 2nd most appealing cross-border location for land and development ventures in 2024, with US$ 1.49 billion ($1.99 billion) purchased in the local property market.
In addition to being a leading destination for capital spending, Singapore-based investment company were the 4th greatest resource of cross-border funding movement right into various other property industry, with a complete outflow of US$ 8.9 billion in 2024.
“As an international funding hub, Asia Pacific’s diverse financial investment appeal is undeniable,” claims Chris Pilgrim, Colliers administering director of Global Capital Markets, Asia Pacific. The region’s strategic setting and growing influence underscore its pivotal function in shaping the international investment landscape, he says.
Beyond two years in the Asia Pacific region, 5 real property sectors attracted the most interest from investors, led by the office industry which collected US$ 57 billion, adhered to by commercial assets (US$ 55 billion), retail (US$ 37 billion), multifamily real estates (US$ 17 billion), and hospitality (US$ 15 billion).
This year, income spreads throughout all of the regions worldwide are expected to align to similar levels, that will allow the broader development of residential and cross-border capital, states Pilgrim. Real estate industry in Europe, the Middle East and Africa (EMEA), and also the Asia Pacific area, could be the main recipients of an expansion in global cross-border investment activity amid a stronger US dollar this year.
“Singapore’s strategic placement and sturdy investment option appeal have strengthened its status as a global capital hub,” says Bastiaan van Beijsterveldt, managing director at Colliers Singapore. “As we get through 2025, Singapore remains a beacon for investors seeking growth and stability in the vibrant Asia Pacific region”.
China continues to be the leading spot for cross-border real estate venture, with US$ 29.1 billion pouring into the nation in 2024. On the other hand, Germany and Australia took third and fourth position in the international rankings, respectively, with US$ 1.02 billion and US$ 1.01 billion in investments.
