Singapore Tops Asian Outbound Investment

• Proeksa Meas
• 16 January 2016
• Local News
• 1398 Views

Knight Frank’s Global Cities 2016 report has found that Singapore has been the largest Asian investor into the Australian and United Kingdom’s property markets in the last two years with China second and Malaysia a surprise third.

Malaysia’s investments were worth $5.61 billion with $2.23 billion into UK property in the last two years. Singapore’s totaled $25.10 billion, while China’s were $22.09 billion.

James Buckley, executive director of Knight Frank, “There is a strong desire from Malaysian investors to diversity their wealth into overseas markets. There has been a slight shift in outbound capital, with Malaysian investors focusing more on the Australian market compared with the UK”.