Singapore is tops for HK real estate investors in H1
They pump US$1.4b into Republic's property sector in first half; territory's turmoil could see continued interest
Singapore
LURED by Singapore's stable political environment and relatively strong office rentals, Hong Kong investors pumped a total of US$1.4 billion into the Republic's real estate in the first half of 2019.
This accounted for more than a quarter of the US$5.2 billion in total outbound real estate investment from Hong Kong during the period, making Singapore the top destination, Cushman & Wakefield Research said in its latest report on Greater China outbound investments released on Tuesday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
New Zealand house prices dip for first time in 8 months
Blackstone in talks to buy Dulwich schools in Singapore, Seoul for US$600 million
Strained Chinese cities struggle to pay home-buying subsidies
Distressed builder Taeyoung wins debt restructuring vote
China Evergrande to delay 2023 annual results; shares remain suspended
Dubai ruler’s firm refinances US$8.2 billion to tap property boom