Singapore top choice for Hong Kong real estate investors
Lured by Singapore's stable political environment and relatively strong office rentals, Hong Kong investors pumped a total of US$1.4 billion (S$1.94 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. The second most popular destination for Hong Kong investors was the United States with almost US$1.2 billion deployed in H1, followed by the United Kingdom at around US$900 million and Japan with about US$850 million.
Tags : INTERNATIONAL
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