Singapore Real Estate
The previous years have shown a dramatic rise in Singapore real estate. High rise buildings are increasing tremendously. Accordingly, real estate prices are high. Singapore, together with Shanghai and Tokyo are considered to be the top three most promising cities in the Asia Pacific when it comes to real estate investment. The last couple of years showed Singapore to have been very popular with buyers from foreign countries. The reason for which has been greatly acknowledged to the flourishing property market. In latter part of 2005, the real estate industry in Singapore doomed due to regional economic problems connected with the SARS issue giving only 20% of city purchases. Fortunately, by the first part of this year, the percentage increase reached up to 29%.
Filed under: General by Carlo