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.
With the continuing political turmoil in the territory, interest in Singapore property could incr…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Condo rents inch up after 7-month decline; volumes recover: SRX, 99.co
Apple to invest US$250 million into expanding Ang Mo Kio campus
High Court dismisses China businessman’s claims against Huttons and agent in misrepresentation suit
URA awards Zion Road, Upper Thomson sites to sole bidders at lower-than-expected offers
DFI puts its last 2 Singapore properties up for sale at S$48.5 million
Delfi Orchard up for collective sale at S$438 million guide price