SG’s outbound investment drops 36.4% QoQ in 3Q23

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pstrongYear-on-year, outbound investment declined 62%./strong/p pSingapore’s outbound investment fell to $2.7b in 3Q23, data from Real Capital Analytics showed./p pThe 3Q23 figure translates to a 36.4% QoQ and 63% YoY drop./p pIn a report, Knight Frank attributed the decline to muted sentiment due to “escalating borrowing costs negating positive carry from property income streams, ongoi

Singapore’s outbound investment fell to $2.7b in 3Q23, data from Real Capital Analytics showed.In a report, Knight Frank attributed the decline to muted sentiment due to “escalating borrowing costs negating positive carry from property income streams, ongoing geopolitical tensions, and market uncertainties.”

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