pstrongOverseas investments made up 45.6% of Singapore's capital in 1Q24./strong/p pSingapore received the highest portion of cross-border capital in Asia-Pacific, receiving US$906m from institutional investors./p pKnight Frank data revealed that overseas investments constituted 45.6% of Singapore's total capital in 1Q24.
Singapore received the highest portion of cross-border capital in Asia-Pacific, receiving US$906m from institutional investors.
The hospitality sector was the key driver of growth in 1Q24, attracting significant interest from institutional investors. “The MICE sector and government initiatives such as the China-Singapore 30-Day Mutual Visa Exemption have been instrumental in driving tourism demand,” Knight Frank added.
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