Tag Archives: Overseas Property

Singapore investors prefer mature markets

Government policies to cool the real estate markets in recent years has prompted Singapore investors to venture overseas in search for better yields and diversification.

According to the latest Global Investor Sentiment Survey for 2015 by Colliers International, the top three outbound investment destinations for Singapore investors from October 2013 to 2014 were London, Sydney and Tokyo.

Top-10-Outbound-Investment-Destinations-for-Singapore-Investors-Oct-13-to14

Terence Tang, Colliers International’s Managing Director of Capital Markets & Investment Services in Asia, said, “The results are not surprising, as most Singapore investors tend to be more risk averse when investing overseas. Although they seek relatively higher returns, Singapore investors also prefer investments providing them with stable income; therefore, they prefer to invest in mature markets that offer the risk/return profile investments that they are unable to get back home.”

In fact, Singapore has emerged as the top Asian country investing in Australia, China and the United Kingdom.

Top-5-Countries-Investing-into-Australia-Mainland-China-and-the-United-Kingdom-Oct-13-to-14

Nonetheless, Singapore remains an attractive investment destination for both local and global investors, particularly those who can take a longer-term view of the market, Tang added.

S$69m record sale for Sydney home

A Sydney harbourfront mansion has been sold for a record-setting A$54 million (S$68.7 million) to a China-born businessman, reinforcing the city’s growing status as a hot property destination, local media reported yesterday. The property was rented by U2 rock star Bono in 2006 for a family holiday. The Altona sale beat the previous Sydney property sale record of A$45 million, but fell short of the national record of A$57.5 million paid in 2009.

Source : Today – 2013 May 3