SG emerges as the world’s leading source of capital investment

The country’s cross-border capital investment reached US$21.8b in 1H23.

Singapore topped the list of the world’s leading sources of capital investment in 2023. 

Data from Colliers showed that Singapore’s cross-border capital investments reached US$21.84b (approx. $29.8b) in 1H23, accounting for 24.9% of the total global investments.

Based on the report, the Lion City also witnessed the highest level of FX appreciation over a global basket of currencies.

Singapore has spent most of its cross-border capital on real estate within its regions. 2023 stands out as a landmark year for Singapore as a dominant real estate player on the global stage.

“Singapore is a significant global real estate investor and continues to fire up on investments post-pandemic with its hunter instinct seeking growth and diversification opportunities in more markets and new asset classes to pursue greater returns leveraging different capital source[s] and its stronger currency," said Tang Wei Leng, managing director and head of Capital Markets and Investment Services, Colliers Singapore.

Singapore is also among the top 10 investment destinations globally to date in 2023. The country's current activity suggests peak interest rates, bolstering a positive investment mood.

“Having a bigger playing field allows it to stay ahead in an increasingly volatile and uncertain environment where interest rates will stay higher for longer," Tang added.