Do you know, around 42% of the population in Singapore are foreigners? According to Savills Singapore, foreigner buys accounted for around 25% of the total residential property sales trade in Singapore during the first half of 2010.
Some important factors that triggered the foreigners to purchase property are listed below:
– Increasing rental charges
– Flexible Singapore housing loans
– Increasing property prices
– Low cost of living
– Long-term business schedules
According to a recent poll, foreign buyers are mainly responsible for raising house price. Since land prices are increasing steeply, most of the foreigners are finding it as a better investment.
If you’re looking for a better property investment choice, you want to identify the right location for purchasing a property. Remember, a fantastic property can fetch you higher return values in future.
So, if you will need to checklist a few important places and compare the areas to identify the ideal place based on your budget and expectation. Vernproperty.com.sg New Condo Launch Singapore & New Property For Sale has a large organization in the real estate property here you can see everything regarding real estate property.
Some good places to purchase property are listed below:
A business central district is one of the prime places for trade and economy. You can find a wide range of people within this region. Some best places to buy property in a business central district are Museum, Downtown Core, Orchard, Rochor, and Outram.
If you are looking for an industrial place, then east region can offer you lots of career opportunities and also has many outdoor activities to enjoy together with your family members.
If you want a peaceful environment to relax in the bustling city centers, then the west area can satisfy all your needs with its hills, mountains and scenic beauty. North area is getting more attention nowadays and is slowly developing into an important commercial center.
These are some places which are attracting a large number of foreigners with its wide range of facilities, nature and affordable property price rates. You can make use of these details to pick the best location for buying property depending on your needs.