Real Capital Analytics: S’pore is top destination for overseas real estate investments in 1H2021

KUALA LUMPUR (Aug 11): Singapore’s real estate investment growth doubled to US$4.7 billion (RM20 billion) in the first half of 2021, a surge of 97% compared with a year ago, reported Business Times on Aug 11, 2021.

The report, citing Real Capital Analytics (RCA) newly released report – “Asia Pacific Capital Trends 2Q2021”, said over half of the total capital inflows are from international investors.

This also enabled Singapore to top the list of overseas investment destinations for the first time ever.

RCA noted that the investment capital is mostly flowing into the office and industrial sectors. The firm also highlighted the Swire Properties’ recent deal of a freehold residential development Eden for US$220.2 million as a “rare apartment deal” which contributed to the 1H2021 capital inflow.

The report said Singapore's strong real estate investment market performance in 1H2021 is in line with a continued recovery in the Asia-Pacific region, which saw steady sales growth in almost all major markets in the second quarter this year.

According to the report, investment activity across the Asia Pacific region increased to US$77.6 billion in the 1H2021, up 8% from the same period in 2020.

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