Singapore to remain one of Asia’s core cities but with emerging markets snapping at its heels

SINGAPORE (June 13): Over the next five to 10 years, Singapore is expected to be one of the dominant cities in Asia that will offer new investment opportunities, says Cushman & Wakefield.

The other core cities and countries that will remain relevant and dominant are Australia, Tokyo, Hong Kong, Shanghai and Seoul, according to the real estate services firm in its latest Betting on Asia Pacific’s Next Core Cities report.

“Asia Pacific remains a very viable investment target for global capital. However, against a backdrop of limited availability of core properties, abundance of capital and spiralling property prices, we are seeing more buyers and sellers of real estate recalibrating their investment strategies and seeking out alternative investment targets,” says Sigrid Zialcita, Managing Director, Asia Pacific Research at Cushman & Wakefield.

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