Singapore ranks second as preferred city for Asia Pacific investors

By Charlene Chin
/ EdgeProp Singapore |
Join our  Telegram  channel and follow our  Facebook  for the latest update.
SINGAPORE (EDGEPROP) - Singapore has taken second place as Asia Pacific investors’ most preferred market for investments, according to a CBRE 2021 survey.
Tokyo has retained its top position as the most preferred city for cross-border investment, attributed to the availability of high-quality assets and strong liquidity in the Japanese city. In fact, the city has made the top-three investment destinations since 2018. This is followed by Seoul, ranking third.
Shanghai, Beijing and Shenzhen have taken the fourth, sixth and seventh places respectively, with investors likely attracted by China’s relatively quick containment of the pandemic and swift economic recovery, says CBRE.
Another major mover is Ho Chi Minh City, which has taken fifth place for the first time. “Ho Chi Minh City has already been on the radar of investors in recent years, especially those who are looking to invest in Southeast Asia, as the city is viewed as having the potential for greater appreciation in property values and higher yields,” observes Desmond Sim, head of research, Southeast Asia, CBRE.
“Singapore remains an important hub for foreign corporations looking to access Southeast Asia. Although CBD rents declined in 2020, rents are forecast to display growth over the next three years, supported by low vacancy and strong demand,” Sim says.
“We expect office demand in 2021 to be fuelled by Chinese technology firms and non-bank financial services firms such as investment managers and hedge funds,” he adds.

Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
EdgeProp Telegram
EdgeProp Facebook
Subscribe to our newsletter

Our Site

Popular Projects




Industrial (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

View More