Real estate in Singapore has demonstrated exponential capital appreciation potential in the past decade. Growth in business, driven in part by heavy foreign direct investment capital, places Singapore in the top 5 Asian economies, according to ASEAN (The Association of Southeast Asian Nations).
## Singapore's Recent Economic Expansion
Singapore benefited from foreign direct investment of around $298 billion in 2009 alone, reported Minister Mentor Lee Kuan Kew at the Singapore National Employer Federation (SNEF) awards in 2010.
## High Capital Appreciation Potential of Real Estate in Singapore
Real estate investors in Asia, and around the world, have shown a massive interest in real estate in Singapore. The top net inflows of capital into Singapore properties caused the Singaporean government to tighten access to the prime Singapore residential market again in December 2011. The government has intervened 5 times in less than two years to restrict foreign buyers' access to residential property in Singapore!
Reflecting this rapid growth in home prices, foreign individual and corporate investors must pay an extra 10% excise stamp duty on purchases of residential real estate. Singapore residents trying to invest in a second, third, or fourth, etc., residence have to pay yet another 3% tax (compounding upon the existing 1-3% stamp duty).
## Owning Singapore Properties
Investors planning to own real estate in Singapore ask after the desirability of Singapore properties, and whether investing now makes good long-term financial sense. Real estate investments throughout Asia have demonstrated short-term declines in 2011 as the world markets digest the twin requirements of high growth of new Asian real estate developments and tighter access to real estate loans.
In accordance with the Wall Street Journal and other international financial publications, real estate is ideally approached as a longer-term investment. Short-term investors in China and throughout Asia, just like real estate "flippers" in the United States, try to purchase real estate with an eye towards rapid resale within a short time. Real estate markets, like other capital investments, depend on the level of sellers and buyers.
Singapore condos have attracted the interest of foreign companies and people with an interest in having a business residence there. High quality residences, such as those found in Singapore's elite Core Central Region, offer gilt-edged appeal. The numbers of potential residences available, now and in the future, are naturally limited.
Real estate investors everywhere understand the value of location. Purchasing Singapore condos in prime residential location in Singapore now, with a long-term investment perspective, is likely to add value to the owner's investments in the foreseeable future!
## Singapore's Recent Economic Expansion
Singapore benefited from foreign direct investment of around $298 billion in 2009 alone, reported Minister Mentor Lee Kuan Kew at the Singapore National Employer Federation (SNEF) awards in 2010.
## High Capital Appreciation Potential of Real Estate in Singapore
Real estate investors in Asia, and around the world, have shown a massive interest in real estate in Singapore. The top net inflows of capital into Singapore properties caused the Singaporean government to tighten access to the prime Singapore residential market again in December 2011. The government has intervened 5 times in less than two years to restrict foreign buyers' access to residential property in Singapore!
Reflecting this rapid growth in home prices, foreign individual and corporate investors must pay an extra 10% excise stamp duty on purchases of residential real estate. Singapore residents trying to invest in a second, third, or fourth, etc., residence have to pay yet another 3% tax (compounding upon the existing 1-3% stamp duty).
## Owning Singapore Properties
Investors planning to own real estate in Singapore ask after the desirability of Singapore properties, and whether investing now makes good long-term financial sense. Real estate investments throughout Asia have demonstrated short-term declines in 2011 as the world markets digest the twin requirements of high growth of new Asian real estate developments and tighter access to real estate loans.
In accordance with the Wall Street Journal and other international financial publications, real estate is ideally approached as a longer-term investment. Short-term investors in China and throughout Asia, just like real estate "flippers" in the United States, try to purchase real estate with an eye towards rapid resale within a short time. Real estate markets, like other capital investments, depend on the level of sellers and buyers.
Singapore condos have attracted the interest of foreign companies and people with an interest in having a business residence there. High quality residences, such as those found in Singapore's elite Core Central Region, offer gilt-edged appeal. The numbers of potential residences available, now and in the future, are naturally limited.
Real estate investors everywhere understand the value of location. Purchasing Singapore condos in prime residential location in Singapore now, with a long-term investment perspective, is likely to add value to the owner's investments in the foreseeable future!
About the Author:
If you are looking for high end Singapore Properties, look no further than Luxe9Residences, Singapore's leading property portal. For extensive listings when doing a Singapore Property Search, visit luxe9residences.sg today.
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