After falling by close to 60% quarter-on-quarter (q-o-q) in Q4 2013, real estate investment activity in Malaysia, Singapore and Thailand fell by a further 13.0% q-o-q to USD4.1bn in Q1 2014, the lowest level since Q2 2010. This was in spite of an increase in investments in Malaysia and Singapore. There was only one known deal in Thailand, as the protracted political crisis affected investor sentiment.
The office and residential sectors were the most-invested sectors in Q1, accounting for close to 80%, or USD3.2bn of activity. Investments in office properties were mainly in Malaysia and Singapore while the sale of government land sites for residential development in Singapore boosted residential investments.
Source : DTZ (Groupe UGL)