Singapore ranked top global destination for land investment

Singapore’s 2025 real GDP forecast has been cut by 0.8 percentage points.

Singapore is the top global destination for cross-border investment into land and development sites on a 12-month rolling basis, according to Colliers.

The firm added that APAC “continues to dominate the land-led market,” with the US, Germany and the UK the only non-APAC entries as softer land sales there reflect slower construction pipelines.

The finding comes as deal activity in APAC has edged higher, with year-to-date volumes running about 5% above 2024 through end-June.

In a sign of sector rotation, office has reclaimed the top 1 spot in APAC on a rolling 24-month basis, ahead of industrial and other sectors.

On the macro front, Singapore’s 2025 real GDP forecast has been cut by 0.8 percentage points versus December 2024, even as inflation eases and rate reductions are expected later in the year, Colliers noted.

Meanwhile, Singapore remains a meaningful exporter of capital, ranking top 5 globally as a source of cross-border investment over the same 12-month period.

Globally, fundraising is rebounding: US$111b was raised in H1 2025, and data centres fundraising is now significantly ahead of industrial.

On valuations, APAC yield/cap-rate spreads remain robust, with further rate cuts expected across most major markets—though potential hikes in Japan could offset some of that support.