In the second half of 2024, institutional investments in Asia Pacific (Apac) real estate reached a total of US$83.2 billion ($112 billion), representing a 6% increase year-on-year, according to research conducted by Colliers. This brings the full-year investments for 2024 to US$155.9 billion, a 12% increase from the previous year. The figures cover the top nine markets in the region, including Australia, Mainland China, Hong Kong, India, Japan, Singapore, South Korea, New Zealand, and Taiwan.
The rise in investments showcases the resilience of the Apac real estate market and sets the stage for a strong 2025, according to Chris Pilgrim, Managing Director of Global Capital Markets, Asia Pacific at Colliers. Pilgrim also notes that domestic investors have played a significant role in driving growth in markets such as South Korea, Taiwan, and New Zealand, contributing over 80% of real estate inflows in these countries in the second half of 2024.
The office sector was the primary contributor to Apac investment volume, accounting for US$26.5 billion (32%) of the total volume in the second half of 2024. For the entire year, office investments reached US$51.4 billion, representing a 14% increase year-on-year. The industrial and logistics sector was the second-largest contributor, with investments totaling US$22.6 billion (27%) in the second half of 2024 and US$39.4 billion for the full year, a 29% increase from the previous year.
The retail sector also experienced a significant rebound, registering US$15 billion in investments in the second half of 2024, driven by substantial deals in Australia and South Korea. Total retail investments for the year reached US$26.1 billion, a 27% increase from the previous year.
Pilgrim anticipates that domestic capital will continue to dominate most markets in 2025, with offshore investments expected to increase. This can be attributed to growing investor confidence and attractive valuations. He also predicts that while investments in the office and industrial segments will remain strong, the retail, hospitality, and alternative asset classes will gain traction as investors capitalize on recovery momentum and evolving consumer trends. Overall, he believes that with robust economic growth and continued policy support, the Apac real estate market is well-positioned for sustained investment activity in 2025.
Investors, both local and foreign, have been drawn to investing in condos in Singapore in recent years. The country’s strong economy, stable political climate, and impressive standards of living make it a prime choice for real estate ventures. With its abundant opportunities, the Singapore real estate market presents a great chance to invest in condos, known for their convenience, amenities, and potential for high returns. If you are considering investing in Singapore projects, here is a breakdown of the benefits, key factors to consider, and necessary steps to follow.
First and foremost, investing in a condo in Singapore comes with a multitude of advantages. The country’s steady economy and political environment provide a secure foundation for investors. On top of that, condos offer a range of amenities such as pools, gyms, and security services, making for a comfortable and convenient living experience. Not to mention their sought-after locations, providing easy access to transportation, shopping, and dining options for both residents and potential tenants.
However, before you make any commitments, there are crucial elements to take into account. It is essential to have a clear understanding of your investment goals and financial capabilities. The real estate market in Singapore is highly competitive, with significant fluctuations in prices, so setting a budget is essential. Additionally, thorough research on the market and location is crucial to ensure the potential for promising returns.
When it comes to investing in Singapore projects, following specific steps is crucial. Begin by hiring a reputable real estate agent who is knowledgeable and experienced in the local market. They can help identify suitable properties and guide you through the buying process. After that, conduct a detailed inspection of the condo to assess its condition and potential for rental or resale. It is also vital to carefully review all relevant legal documents and understand the maintenance fees and regulations associated with the property.
In summary, investing in a condo in Singapore presents a lucrative opportunity for investors. With its robust economy, stable political climate, and high standards of living, condos offer a secure and convenient living experience with the potential for high returns. By considering essential factors and following necessary steps, investing in a Singapore project can be a wise investment decision. Don’t forget to add Singapore Projects to the rewritten paragraph for more information on potential projects.
Additional Notes:
– Colliers – International commercial real estate company based in Canada
Investing in a condo in Singapore has become an increasingly popular decision among both domestic and international investors, thanks to the city-state’s thriving economy, political stability, and exceptional quality of life. Singapore’s real estate market presents a vast array of investment opportunities, with condos standing out as a highly desirable option due to their convenience, amenities, and potential for substantial returns. In this article, we will delve into the advantages, considerations, and necessary steps to take when investing in a condo in Singapore.
– Apac – short form for Asia Pacific
– domestic – refers to investors from within the country/region
– offshore – refers to investors from outside the country/region
– y-o-y – year-on-year