It posted a $10b mark for trade volume.
In the Asia Pacific region, Singapore is the only one of the eight gateway cities with deal volume that increased.
With a 20% increase, Singapore posted above the $10b mark, the second time it achieved such a milestone.
Momentum appears to have continued into 2023 as well, with contracts for a pair of multibillion-dollar retail malls.
For the mainland Chinese market, Shanghai’s is at the third rank. Office deals continued throughout 2022.