Singapore has been ranked the best property investment destination in Asia, driven by the country’s robust economic growth and brisk activity in the high-technology and financial industries.
Singapore is among the preferred investment target markets in Asia by investors who are ready to venture outside their local markets, according to the Global Investor Sentiment Survey of Colliers International for Q3 2010.
The country’s position as a top investment hub in the region puts it well in the target destinations of foreign investors.
The availability of stock will likely underpin the expected strong demand. In the completed properties segment, investors can expect around 3.23 million sq ft of ready-built flatted factories coming from the second phase of JTC Corporation’s divestment exercise.
In the land segment, the pipeline of en bloc sales sites and the bumper state land supply will likely whet the appetite of property developers keen to increase their land bank.