CREAL Inc. announced the launch of its Singapore subsidiary. Having already established a client base of over 70 investors in Singapore, the launch of their Singapore subsidiary demonstrates CREAL's confidence in the growth opportunity Japanese real estate can provide to Singapore based investors. Led by Daniel Wei, who has been with the firm since 2015, and Calvin Sim, CREAL will build a local team to support and grow their investor base in Singapore.

Sim recently joined from List Sotheby's International Realty. This announcement comes at a time when 2023 sees Singapore become the largest property investor in Japan, and tourism is also at an all-time high with 2.5million visitors visiting Japan in October. Demand for both residential and tourist accommodation continues to grow in Osaka and Tokyo alongside ongoing city redevelopment.

This is in tandem with the surge of positive net migration, high salary prospects and the lowest interest rates in the world, all which underpin the strength of the investment opportunity in Japan.