Singapore is top overseas real estate investment destination in first half of 2021: Report

Singapore's strong first-half real estate investment market performance is in line with Asia-Pacific's continued recovery. ST PHOTO: LIM YAOHUI
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SINGAPORE (THE BUSINESS TIMES) - Investment activity in Singapore's real estate market almost doubled in the first half of 2021 to US$4.7 billion (S$6.4 billion) worth of acquisitions, up 97 per cent from a year ago.

This is according to the latest second-quarter Asia-Pacific Capital Trends report released by Real Capital Analytics (RCA) on Wednesday (Aug 11) that highlights the figure as the third highest for Singapore, despite it being "still some distance from 2019's unusually high watermark".

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