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Singapore property groups chase yields overseas with big bets on rental housing

Japan remains popular; Australia, China and UK popping up on radar

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Jessie Lim

Jessie Lim

Published Thu, Nov 9, 2023 · 05:00 AM
    • CapitaLand Ascott Trust completed its acquisition of Granfore Hakata Waterfront (above), a rental housing property in Japan, in Q2.
    • CapitaLand Ascott Trust completed its acquisition of Granfore Hakata Waterfront (above), a rental housing property in Japan, in Q2. ILLUSTRATION: CLAS

    SINGAPORE’S property companies are betting big on rental housing overseas, lured by high yields and tight residential supply in these overseas markets.

    Investments in rental housing properties could also boost recurring incomes for these property groups and give them a foothold in a rapidly developing sector.

    Japan has long been a popular rental market, but property companies are also looking for opportunities to build or invest in rental-housing assets in Australia, China and the UK. 

    Rental MarketSingapore propertyProperty developersAsean BusinessRents

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