>

>

Asia Pacific real estate investment up 20% y-o-y in 1Q2022: JLL

/ EdgeProp Singapore |

May 13, 2022 3:57 PM SGT

Most of the capital was deployed into Singapore, South Korea, and Australia. Investors were also bullish towards retail, office as well as logistics and industrial assets.

SINGAPORE (EDGEPROP) - Real estate investment growth in the Asia Pacific region rose 20% y-o-y in 1Q2022, according to a market report by JLL. The consultancy’s report noted that $40.8 billion worth of capital was invested in real estate in the region during the quarter.

See also: Investments in Apac data centres going strong after last year’s record highs: CBRE

Most of the capital was deployed into Singapore, South Korea, and Australia. Investors were also bullish towards retail, office as well as logistics and industrial assets. “We are optimistic that the region’s real estate sector will withstand rising interest rates and growing uncertainty. We are still seeing intense competition for assets and maintain our projection of over $200 billion in direct investment into Asia Pacific for 2022,” says Stuart Crow, CEO, capital markets, Asia Pacific, at JLL.

The commercial real estate segment in Singapore recorded an investment growth of 134% y-o-y, ending the quarter with $5.7 billion in investments. This was the largest growth in the commercial sector in the region during this period, says JLL.

South Korea saw its real estate investment jump 89% y-o-y to $8.2 billion, diversified across the office, retail, logistics, and industrial sectors. Meanwhile, Australia posted growth of 49% y-o-y with $4.7 billion invested, especially in office assets.

Despite a 26% y-o-y decline, Japan remained the strongest investment market in the region, pulling in $8.5 billion. The investment performance in China was flat last quarter with volumes totalling $8.3 billion.

“(Investors) have demonstrated in the first quarter their confidence in spreading capital across geography and sector. In the coming months, momentum will shift towards logistics and industrial as supply comes to market, and funds will increasingly focus on income resilient sectors,” says Pamela Amber, head of investor intelligence and strategy, Asia Pacific, at JLL.

Tags:

real estate investment Asia Pacific JLL

Follow Us

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

UOL and CapitaLand to acquire Thomson View Condo for $810 mil

2

Emerald of Katong draws 10,000 as crowds surge at project sales galleries during Deepavali weekend

3

Is it a Good Deal?: A freehold three-bedroom in D9 sold for $3.27 million, making a $2.03 million profit

4

Chuan Park attracts 5,000 visitors on first day of preview

5

Executive Condo launches in the pipeline to test new highs of $1,700 psf

Our Site

Follow Us

Property Research

Condos

HDBs

Landed

Commercial

Industrial

Properties For Sale

Properties For Rent

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.

View More

Close Ad

00:00