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Wealthy foreigners began to buy property in Singapore

Experts note a strong increase in demand for real estate in Singapore from wealthy investors from other countries. EdgeProp attributes this to how successfully the Singapore government is handling the coronavirus outbreak financially and medically. Foreign investors, choosing to buying an apartment Singapore, feel safe.

Most buyers of an apartment in Singapore prefer new buildings. For this reason, certain areas of Singapore, which have a limited offer in this regard, are of particular interest. At the same time, in most modern complexes, a square meter costs from 30,800 to 38,560 dollars.

Foreign buyers of apartments in Singapore< /a> traditionally prefer the central region (CCR). In January and February 2020, foreigners purchased 218 apartments in this region, which is 28 percent of the total number of real estate transactions. It is worth noting that the number and share of real estate purchases by foreign buyers in the central region increased compared to the same period last year. In the first two months of 2019, only 97 apartments were purchased. Buyers of apartments in Singapore traditionally prefer the Central Region (CCR). In January and February 2020, foreigners purchased 218 apartments in this region, which is 28 percent of the total number of real estate transactions. It is worth noting that the number and share of real estate purchases by foreign buyers in the central region increased compared to the same period last year. In the first two months of 2019, only 97 apartments were purchased. Buyers of apartments in Singapore traditionally prefer the Central Region (CCR). In January and February 2020, foreigners purchased 218 apartments in this region, which is 28 percent of the total number of real estate transactions. It is worth noting that the number and share of real estate purchases by foreign buyers in the central region increased compared to the same period last year. In the first two months of 2019, only 97 apartments were purchased.
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