TFIGlobal
TFIGlobal
Right Arm. Round the World. FAST.
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • Indo-Pacific
  • Americas
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
TFIGlobal
TFIGlobal
No Result
View All Result

Singaporean real estate investors are the biggest winner of the China-Australia clash

Vikrant Thardak by Vikrant Thardak
April 10, 2022
in Americas, Australia, China, East Asia
Reading Time: 3 mins read
0
Singaporean real estate investors are the biggest winner of the China-Australia clash
2.4k
VIEWS
Share on FacebookShare on Twitter
Become a Patron!

The United States and Singapore have emerged as the biggest winner of the ongoing economic clash between China and Australia. A South China Morning Post report has now revealed that Singapore has quietly overtaken China in securing investment approvals in Australia. In 2020-21, Singapore’s investment in Australia stood at $21.3 billion, roughly $8 billion more than China’s. China’s approved investments in Australia have fallen by 70% from $47.3 billion in the year 2015-16.

Also Read

Turkey made the most out of the Russia-Ukraine war

Japan is working on a counter offensive on Chinese bases

(Source: SCMP)

Singaporean real estate investors flock to Australia

Data shows that the Australia-China clash has opened a big window of opportunity for Singaporean real estate investors who seek lucrative real estate assets overseas. Out of $21.3 billion, investments worth $14 billion have gone to the real estate sector only. The Australian Foreign Investment Review Board said that the development reflects significant growth in the value of a proposed investment for Singaporean investors in the real estate sector.

Australia’s real estate: Highly lucrative market

Australia’s real estate market is expanding strongly, thus providing investors with a golden opportunity to make a fortune out of it. The latest report by the Australian Bureau of Statistics stated that residential property prices in the country surged 23.7% in 2021. A Guardian report mentioned that Australia’s property market has seen astronomical growth, spurred by record-low interest rates and government stimulus. “Each capital city recorded price surges, with Hobart (+29.8%), Canberra (+28.8%), Brisbane (+27.8%), Sydney (+26.7%), and Adelaide (+23.9%) all showing the largest annual rises,” the report said.

You see, the Australian real estate sector is a goldmine for every real estate sector investor in the world. US investors have invested about $746 billion in Australian assets over the past years. The UK stands at the second position with investments worth $700 billion. Singapore ranks higher than China as a foreign investor, with nearly $120 billion in investments.

Australia’s crack down on Chinese investors

Australia’s toughened stance on investments from China has thus proven to be a boon for Singaporean real estate investors. Chinese exposure to Australia’s residential real estate has reduced significantly, as a direct result of the Australian economic assault on Chinese investors. Canberra has cracked down through the measures like higher taxes and increased application fees. The problem for Chinese investors in Australia got aggravated after China called time on capital outflow, putting a stop on the transfer of cash from mainland China into property in Australia.

Moreover, certain national security checks introduced by the Australian government have also impacted Chinese investments in the country. Since last January, the government has acquired powers to review the investment requests by foreign players. Some observers say these measures were introduced especially to bar Chinese investors from investing in the red hot Australian real estate sector.

Singapore’s own decoupling with China

For Singaporean investors, it was a golden opportunity, especially after the crisis erupted in the Chinese real estate sector. The Evergrande crisis even prompted Chinese local investors to flock to Singapore en masse, forcing the Singaporean authorities to introduce regulatory measures to keep the Chinese investors out.

Read More: Singapore bans Chinese investors

Despite political tensions bulking larger on the economic relations, Chinese investors have not shied away from trying their luck in the highly lucrative Australian real estate sector. Australia’s overall risk profile and the returns on offer still tick the box for many Chinese investors. But since Australia has run afoul of their involvement in its real estate, Singaporean investors are taking up this opportunity like there is no tomorrow.

Tags: AmericaChinaChinese Real-estate SectorSingaporeSingapore Real-Estate Market
ShareTweetSend
Previous Post

Biden just killed a proposal that could have saved millions of Americans from starvation

Next Post

Japan blows up its own energy, EV, and paper industry to harm Russia

Also Read

Turkey made the most out of the Russia-Ukraine war

Turkey made the most out of the Russia-Ukraine war

May 18, 2022
A republican muslim: Trump’s master stroke against wailing democrats

A republican muslim: Trump’s master stroke against wailing democrats

May 17, 2022
France and the US suggest that Russia has won the War

France and the US suggest that Russia has won the War

May 17, 2022
Japan is working on a counter offensive on Chinese bases

Japan is working on a counter offensive on Chinese bases

May 17, 2022
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Trending
  • Comments
  • Latest
Europe to activate Nord Stream 2 gas pipeline very soon   

Europe to activate Nord Stream 2 gas pipeline very soon  

May 14, 2022
Qatar scraps its LNG deal with Germany at the last minute citing new conditions

Qatar scraps its LNG deal with Germany at the last minute citing new conditions

May 11, 2022
‘Slovakia’s food is for Slovakians,’ Slovakia’s trade restrictions leave EU fuming

‘Slovakia’s food is for Slovakians,’ Slovakia’s trade restrictions leave EU fuming

May 14, 2022
The Bill Gates connection behind the dire baby formula shortages in the US

The Bill Gates connection behind the dire baby formula shortages in the US

May 13, 2022
Switzerland issues a clean chit to Russia over Ukraine and drops all sanctions

Switzerland issues a clean chit to Russia over Ukraine and drops all sanctions

May 13, 2022
Europe to activate Nord Stream 2 gas pipeline very soon   

Europe to activate Nord Stream 2 gas pipeline very soon  

Iran on its way out of Lebanon as Christian party defeats terror outfit Hezbollah in elections

Iran on its way out of Lebanon as Christian party defeats terror outfit Hezbollah in elections

One of the deadliest snipers of the world exposes Ukraine’s ‘We are winning’ façade

One of the deadliest snipers of the world exposes Ukraine’s ‘We are winning’ façade

After debt-trapping Africa, China “ship-traps” the US

After debt-trapping Africa, China “ship-traps” the US

Turkey spoils the big NATO unification party

Turkey spoils the big NATO unification party

For the first time, S-300 goes all guns blazing

For the first time, S-300 goes all guns blazing

May 18, 2022
Putin’s casual trolling of wannabe NATO nations

Putin’s casual trolling of wannabe NATO nations

May 18, 2022
Turkey made the most out of the Russia-Ukraine war

Turkey made the most out of the Russia-Ukraine war

May 18, 2022
A neo-Nazi killed Americans, but liberal media branded him a White supremacist

A neo-Nazi killed Americans, but liberal media branded him a White supremacist

May 18, 2022
Ukraine surrenders Mariupol to Russia

Ukraine surrenders Mariupol to Russia

May 18, 2022
Youtube Twitter Facebook
TFIGlobal
  • About us
  • Contact Us
  • Terms of use
  • Privacy Policy

©2022 - TFI MEDIA PRIVATE LIMITED

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa

©2022 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Follow us on Twitter

and never miss an insightful take by the TFIGlobal team

Follow @tfiglobal
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.