Singapore property prices have rebounded with a majority of sales contributed by foreign capital and is now ranked 1 for real estate investment in terms of capital appreciation. Hong Kong and China have dropped in rankings and Singapore is benefiting from the changing mindset of property investors.
What this means for Singaporean investors?
Foreign investors generally look for properties in the CCR region like The Hyde. Local buyers would also have an advantage as they would not need to pay ABSD if it is their first property. Australia and Ho Chi Minh are also seeing a rise in property prices.
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