Singapore reopening to put wind in sails of real estate investment

Singapore

INVESTMENT activity in the property sector is expected to pick up further this year as Singapore re-opens and the economy gets back on its feet, with the office market poised to shine thanks to rental growth and spillover demand following the cooling measures.

Analysts say that Singapore remains an appealing destination in the Asia-Pacific for investors on the back of its safe haven status and pro-business environment. And while interest rates are heading north as central banks seek to subdue inflation, they reckon that the growth in rents could outstrip higher funding costs.