






{"id":3328,"date":"2019-06-17T09:53:11","date_gmt":"2019-06-17T09:53:11","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=3328"},"modified":"2021-06-04T14:28:29","modified_gmt":"2021-06-04T07:28:29","slug":"singapore-becomes-biggest-group-of-asset-buyers-in-china","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/singapore-becomes-biggest-group-of-asset-buyers-in-china\/","title":{"rendered":"Singapore becomes biggest group of asset buyers in China"},"content":{"rendered":"<p>Trade war no massive deterrent to capital inflows from the Little Red Dot, says Cushman &amp; Wakefield<\/p>\n<figure id=\"attachment_3329\" aria-describedby=\"caption-attachment-3329\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-3329\" src=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/06\/shutterstock_405217222.jpg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/06\/shutterstock_405217222.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/06\/shutterstock_405217222-300x200.jpg 300w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/06\/shutterstock_405217222-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-3329\" class=\"wp-caption-text\">Prehistorik\/Shutterstock<\/figcaption><\/figure>\n<p>Singaporean property investments accounted for 42 percent of total spending by global capital in China last year, according to data by real estate agency Cushman &amp; Wakefield, reported the <a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3014477\/singapore-investors-snap-us5-billion-chinas-commercial\" target=\"_blank\" rel=\"noopener noreferrer\">South China Morning Post<\/a>.<\/p>\n<p>Total spend in China by investors in Singapore hit CNY34.65 billion (USD5 billion) in 2018.\u00a0\u201cAsian investors, particularly those from Singapore, have the know-how and rich experience in China\u2019s property market,\u201d explained Alvin Yip, head of Cushman &amp; Wakefield\u2019s capital markets for Greater China, to the Post.<\/p>\n<p><a href=\"https:\/\/www.asiapropertyawards.com\/pretty-green-singapore-reaps-what-it-sows\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>More:\u00a0Singapore reaps what it sows<\/strong><\/a><\/p>\n<p>\u201cThey hold a long-term view on the Chinese market and they are unlikely to be deterred from pursuing solid assets by the trade war.\u201d<\/p>\n<p>Management at Singapore\u2019s largest developer, CapitaLand, reassured analysts that they are still \u201cbullish on the market\u201d despite the shadow of the Sino-American trade war on the Chinese economy. Along with the state-run Government Investment Corporation (GIC), the development firm acquired in November Shanghai\u2019s Star Harbour International Centre in what was billed the largest single foreign purchase of Chinese real estate.<\/p>\n<p>\u201cThe trade war has a minimal impact on [Singaporean investors&#8217;] decision making,\u201d Yip was quoted as saying by the Post. \u201cThey are keeping their asset allocation strategy unchanged, and they need to invest part of assets in China.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trade war no massive deterrent to capital inflows from the Little Red Dot, says Cushman &#038; Wakefield<\/p>\n","protected":false},"author":8,"featured_media":20119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92],"tags":[137,110],"class_list":["post-3328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-china","tag-singapore","news_country-singapore","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Singapore becomes biggest group of asset buyers in China | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asiapropertyawards.com\/en\/singapore-becomes-biggest-group-of-asset-buyers-in-china\/\" \/>\n<meta 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