Chinese investors paid $3b for Singapore office assets

They also injected over $2b on residential lands in 1H17.

Singapore is attracting more real estate investors from China and Hong Kong as transaction volumes rose by 6% this year despite a rather weak market in 2016, real estate firm JLL said in a report.

In the first half of 2017, Singapore gained investments worth $3b into office assets and $2b into residential land from investors in Hong Kong and mainland China.

According to Regina Lim, head of capital markets research, Southeast Asia, JLL, "Singapore remains a key market for many investors due to its long-term positive fundamentals. Real estate transaction volumes in Singapore rose by six per cent year-on-year in the first half of the year, as investor sentiment is turning positive after CBD office rents bottomed earlier than expected."

JLL also noted remarkable purchases in Q12017 such as the FWD Group's purchase of a 50% stake in One George Street and Chinese company Nanshan Group and Logan's $1b investment in a government land sale site in Stirling Road.

According to JLL, investors' confidence increased when they saw a pick-up in tenant demand and in office rents in Q2.

"Due to stronger than expected rental growth, we upgraded our Singapore office rental forecasts for 2018 by about 10 per cent. We now expect Singapore prime office rents to rise 20% over the next four years,” Lim said.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

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