Category: Singapore

Singapore property prices could still drop 5% over next 2 years

Singapore property prices could still drop 5% over next 2 years

Despite small amendments to property measures, rating agency Fitch still forecasts that values will drop amid rising interest rates and oversupply.   Summary: Property prices in Singapore are “likely” to fall as much as 5% over the next two years Small reforms to government-imposed property measures are unlikely to improve performance in the short and… Read more »

UK property market first choice for Asian UHNWIs

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UK beats Singapore to be named property market of choice among Asian ultra-high-net-worth individuals. Knight Frank predicts the UK will continue to attract significant numbers of UHNWIs over the next decade. Summary UK beats Singapore to be named the first choice property market for Asian ultra-high-net-worth individuals London also tops the City Wealth Index, while… Read more »

Declining Singapore property prices boost sales but dampen investor interest

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A decline in Singapore property prices has seen an increase in demand from home buyers, but a loss of capital appreciation for investors. As a result, many investors are now looking to acquire overseas assets. Summary Singapore’s property demand remains very resilient, despite cooling measures implemented by the government Property prices fell 3% in 2016,… Read more »

Chinese appetite for overseas assets continues to grow in 2017

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  Chinese investors are focusing their interest in new overseas property markets as a result of uncertainties surrounding geopolitical and economic developments.   Summary Chinese investor’s appetite for property grows despite uncertainties surrounding global geopolitics and macroeconomic developments Hong Kong remains a popular investment hotspot, while Chinese interest in UK property has increased significantly since… Read more »

China, Hong Kong & Singapore property 2017 outlook subdued

China, Hong Kong & Singapore property 2017 outlook subdued

New report cites the potential rise of US interest rates, strengthening of the dollar and cooling measures that could slow growth in key Asian markets. Summary: Some property markets in the Far East have received a mixed outlook for the year ahead Rising US interest rates, dollar strengthening and roll out of new international policies… Read more »

Singapore’s 2017 Budget. The Real Estate Developers’ wish list

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Numerous reviews of current tax policies requested by The Real Estate Developers’ Association of Singapore, ahead of Singapore’s 2017 Budget announcement.   Summary All segments of the property market continue to reel from persistent oversupply, rising vacancy rates and weak demand The Real Estate Developers’ Association of Singapore has called for a review of property… Read more »

Hike in Hong Kong stamp duty drives Chinese investor interest towards Singapore and UK property

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With Hong Kong stamp duty now at 15%, return-seeking investors are keen to secure property in Singapore and UK. Summary An increasing number of Chinese buyers are becoming attracted to other overseas property markets after an increase in Hong Kong stamp duty Despite increased interest in Singapore property, price growth remains slow For the best… Read more »

Singapore property prices fall for third straight year

Singapore property prices fall for third straight year

Average values fell by 3% in 2016, with the government showing no sign of reigning in the cooling measures that continue to slow market performance.   Summary: Property prices in Singapore fell by 3% in 2016, marking the third straight year of decline Average values also fell for a 13th consecutive quarter at the end… Read more »