Singapore investors are amongst the most eager to divest assets in 2024
The 2024 net buying intentions of Singapore were only 8%.
Singaporean investors have strong intentions to sell assets in 2024, CBRE reported.
In its 2024 Asia Pacific Investor Intentions Survey, CBRE revealed that Singapore has the second strongest selling intentions.
To add, the 2024 net buying intentions of Singapore was only 8%.
Compared to others, however, Singapore has strong buying intentions, ranking third behind Korea (15%) and Japan (8%).
Singapore investors said their real estate allocation for 2024 will remain stable and expect minimal changes in asset pricing during the current cycle.
The report also found that Singapore is the second top market for cross-border investments.