Singapore topped the list of the "Asia-Pacific Cities of the Future for FDI (Foreign Direct Investment) Strategy" ranking released earlier this month by fDiIntelligence.com, a provider of foreign direct investment intelligence from The Financial Times.

The ranking uses a mixture of data and expert opinion to rank cities that have the best prospects for inbound investment, economic development and business expansion.

Australian cities performed well in terms of foreign investment potential, with four of its cities included in the top 10. Melbourne, the highest ranked Australian city, was in second place on the list. The top Chinese city on the list was Hong Kong, ranking third.

This past year, FDI investment increased by over 30 percent year-on-year in Melbourne; 25 percent in Sydney, and about 40 percent in Brisbane. According to the FDI Global Outlook Report 2011, capital investment into Australia more than doubled in 2010.

The following are the top 10 Asia-Pacific cities of the future for FDI Strategy for 2011/12:

Related reading: Top 10 Asia-Pacific cities of the future 2011/12