Cross-border investors pour US$1.49 bil into land and development projects in Singapore in 2024: Colliers
Beyond 2 years in the Asia Pacific region, 5 real estate markets attracted the most attention from capitalists, led by the office market which collected US$ 57 billion, complied with by commercial assets (US$ 55 billion), retail (US$ 37 billion), multifamily real estates (US$ 17 billion), and hospitality (US$ 15 billion).
The US was the top source of cross-border real estate financial investment capital, contributing US$ 48.48 billion, complied with by Canada and the UK at US$ 19.7 billion and US$ 10.78 billion, specifically.
According to Colliers’ Global Capital Flows report, Singapore listed as the 2nd most alluring cross-border location for land and development ventures in 2024, with US$ 1.49 billion ($1.99 billion) bought the local property market.
“As a global resources center, Asia Pacific’s diverse investment appeal is undeniable,” says Chris Pilgrim, Colliers managing director of Global Capital Markets, Asia Pacific. The region’s strategic positioning and increasing impact underscore its pivotal role in defining the international investment landscape, he says.
China remains the number one destination for cross-border realty investment, with US$ 29.1 billion pouring into the nation in 2024. Meanwhile, Germany and Australia took third and fourth position in the international rankings, specifically, with US$ 1.02 billion and US$ 1.01 billion in investments.
“Singapore’s strategic positioning and sturdy investment appeal have actually solidified its position as a global capital hub,” says Bastiaan van Beijsterveldt, managing director at Colliers Singapore. “As we navigate 2025, Singapore remains a beacon for capitalists looking for growth and stability in the vibrant Asia Pacific region”.
In addition to being a top destination for capital spending, Singapore-based investment company were the 4th greatest source of cross-border funding flow into other property industry, with an overall outflow of US$ 8.9 billion in 2024.
This year, income spreads throughout all regions globally are expected to align to similar levels, which will enable the broader development of residential and cross-border capital, claims Pilgrim. Real estate markets in Europe, the Middle East and Africa (EMEA), as well as the Asia Pacific zone, can be the primary recipients of a growth in international cross-border investment event amidst a stronger US dollar this year.
