A strengthening Singapore dollar against regional currencies has made overseas properties more attractive for local investors. However, due to the year-end holiday season, market watchers said the full impact will not be seen until the new year. For now, popular investment options for Singaporeans - such as the Iskandar development in Malaysia - have not seen a marked increase in sales. This could also...
Overseas Property
Commercial real estate has long had a place in the portfolios of wealthy investors, who see it as a useful diversification away from residential property and the more volatile assets such as stocks or bonds. But lately, the trend has accelerated, in particular among Singaporean and other Asian investors, who are taking advantage of the strength of their currencies and the environment of low interest...
Singaporean property investors are already looking overseas in ever larger numbers after the introduction of the most recent attempts to cool the local market earlier this month. Developers and agents reported raised levels of interest and strong sales at the 14 overseas property exhibitions which took place last weekend. Although no official records are kept for the number of Singaporeans buying...
More Singaporeans have their sights trained on offshore property markets as the outlook for local prices dims, according to some real estate agents and industry watchers. A survey by PropertyGuru found that 19 per cent of more than 1,737 respondents were "tempted" to invest overseas, up from the 14 per cent registered in PropertyGuru's previous survey in June 2011. Malaysia was the top overseas...
Overseas properties may offer good returns but risks abound Signs of a slowdown in Singapore home sales showed in both the number of primary and secondary transactions following the Government's announcement of property market cooling measures on Aug 30. The number of developers' sales, subsales and resales fell by about 28 per cent, 52 per cent and 42 per cent, respectively, in September from the...
The strong Sing dollar and rising property prices in Singapore have prompted Singaporeans to consider investing in properties overseas. More than 6,000 visitors turned up at an exhibition on overseas properties on Saturday, the first day of the two-day event. More than 150 properties worldwide are being put up for sale at the exhibition at Marina Bay Sands. Among the properties is The Elements@Ampang in...
IF YOU'RE a private-property owner, have no intention of owning an HDB flat, are sufficiently cash-rich and still interested in purchasing property, you might want to consider the real-estate market overseas. Be it for investment, or as a holiday or retirement home, an overseas property can be highly attractive, especially in markets where properties in general are cheaper than those in Singapore. But...
IN THE last decade, an increasing number of Singaporeans have turned to real estate overseas as they become more affluent and globalised. Here's a look at two neighbouring residential property markets which have traditionally captured Singaporeans' keen interest, according to a July report by realestate group Debenham Tie Leung (DTZ) . KUALA LUMPUR The residential sector continued to experience a...
S'poreans are putting their money in overseas property PROPERTY buyers are not just snapping up properties in Singapore but are also looking overseas, in yet another sign that property investments are still in vogue. Last weekend, marketing agents Top Leaders Realty and Jones Lang Lasalle launched private residential properties in Chennai and London, respectively. Both projects garnered relatively...
Bargain-hunting now comes with probability that prices could fall further PRIME properties in key cities such as London and New York have long been out of the price reach of most Singaporeans. However, the slide in prices and currencies caused by the global financial crisis has made such markets much more affordable for those who dare. Particularly attractive to potential Singapore investors are the...