Top targets for APAC cross-border property investment, and additional stories

For PropertyGuru’s real estate news roundup, the CBRE survey reveals the top targets for Asia Pacific cross-border real estate investment in 2025. In other news, Dubai Municipality has given the contracts for Phase Two of the Al Mamzar Beach Development Project. Lastly, Ho Chi Minh City’s land-related revenue surged nearly 50 percent in 2024.

Top targets for Asia Pacific Cross-Border real estate investment in 2025 – CBRE

Tokyo is Asia Pacific’s top target for cross-border real estate investment for the sixth consecutive year. Osaka is gaining popularity due to low debt costs, stable pricing, and diverse opportunities in Japan, according to CBRE’s 2025 Asia Pacific Investor Intentions Survey. Sydney and Singapore follow Tokyo closely as top investment destinations. Investors are attracted to Sydney because of the higher returns they can get there, while Singapore offers a stable and reliable market. India is attracting growing interest from investors looking to expand their real estate portfolios in the world’s fastest-growing economy, with Mumbai and New Delhi ranking among the top 10 target markets in the region. RETalk Asia reports that overall investment sentiment in Asia Pacific has improved, with net buying intention rising from 5 percent in 2024 to 13 percent in 2025.

Al Mamzar Beach Phase II contracts awarded by Dubai

Contracts for Phase Two of the Al Mamzar Beach Development Project, which will be built on a 125,000-square-meter plot of land in the city, have been given by the Dubai Municipality. According to PropertyNews.ae, Phase One construction started last year in June and is currently 45 percent finished. Given both phases, the project will cost approximately AED400 million (USD109 million). Along with a 5-kilometre path and designated running and cycling lanes, Phase Two boasts a 300-meter-long night swimming beach. These improvements aim to make the communal area lively and inclusive for locals and guests. By the end of the year, both phases of the project should be finished, with phase two work concentrating on building the Al Mamzar Corniche beachside.

Vietnam: HCM City’s land-related revenue surges 50 percent in 2024

Land-related revenue in Ho Chi Minh City has surged nearly 50 percent year-on-year, surpassing VND25.3 trillion (nearly USD1 billion) in 2024, according to the data of its Department of Natural Resources and Environment, as cited in VietnamPlus. As of 31 December 2024, the total revenue generated from land in the city reached over VND25.3 trillion, up 46.8 percent or over VND8.062 trillion, compared to 2023. Of the total, revenue derived from land use fees constituted VND9.654 trillion, representing an increase of VND3.792 trillion (64.7 percent) from 2023.

The Property Report editors wrote this article. For more information, email: [email protected].