Despite headwinds in the market.
According to Knight Frank, more international investors are venturing into Singapore real estate market. The chart illustrates the estimated investment volume ploughed in by REITs as well as local and international investors in 2012 and 2013. Local investors continued to dominate the investment sales landscape in Singapore despite the growing trend of venturing into overseas markets.
Despite the headwinds in the market, there are still signs of optimism as shown by the growing number of overseas investors in Singapore. Overseas investments in Singapore surged by more than 90.2 per cent from $3.4 billion in 2012 to $6.4 billion in 2013.