Why Singapore's hospitality sector outshines other real estate sector

Hotel deals buoyed by developers' demand.

According to Chestern Singapore, in comparison with the other real estate sectors, the hospitality sector has been an outperformer and has the most direct exposure to Singapore’s growth as a premier tourist destination and a global financial centre.

Strong economic growth, consistent low interest rate and the proliferation of REITS in the hospitality industry have also contributed to the active hotel investment sales market.

Here's more from Chestern Singapore:

Singapore has enjoyed rapid economic growth over the past few years and achieved one of the highest GDP per capita in the world.

Between years 2005 to 2007, a robust annual growth rate of between 7.1% and 8.9% was achieved. The GDP growth grew to 14.8% in 2010 and contracted to 4.9% in 2011.

Despite the GDP slowdown after 2010, hotel transactions are dominated and supported by opportunistic demand from local property developers, REITS and property funds.

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