Singaporean investors pour more capital on APAC properties in 1H23
Inbound capital flow in APAC from SG in 1H23 was 3% higher than its three-year average.
Singapore was also amongst the top sources of Asia-Pacific capital flows in 1H23, Savills has found.
Data from Savills showed that Singaporeans poured close to US$5b into properties in APAC in 1H23.
The money spent by Singaporeans on APAC property in 1H23 is also 3% higher than their average for the past three years.
Apart from Singaporeans, investors from Hong Kong and Japan also spent more on property elsewhere in APAC than their average for the past three years.
Citing data from MSCI Real Assets, Savills said cross-border investments by APAC players rose marginally in 1H23 vs 1H22 to US$11.8b.