Olevia Cheong

Singapore residential property market to see an increase in foreign investment this year A recovery in prices and a better leasing environment is expected to boost foreign investment in the Singapore residential property, according to Bank of Singapore (BOS). Singapore property prices have fallen for four years, before they finally began to rise recently. This has made Singapore relatively affordable compared to Hong Kong, for instance.  “The recent bullishness in the housing market has so far been largely driven by domestic buyers. Foreign buyers seeking relative value are expected to return and kick the upturn into higher gear, particularly in the prime residential segment,” said BOS' head of strategy Eli Lee.  Foreigners bought an average of 3,600 properties per annum when the Singapore residential real estate market was bullish between 2010 and 2013. Sales started to tumble when the government imposed restrictions on foreign buyers. Property transactions...

Singapore  The Global City As the new heart of Asia, Singapore is renowned for a quality of life and an exceptional work environment. Diverse and cosmopolitan, yet with the security and political stability of a modern, thriving economy; Singapore is the perfect blend of Asian roots and a Western outlook, where culture and history are effortlessly integrated with innovation and progress. Now ranked as the No. 1 city in the world with the best investment potential* and voted as one of the world's most liveable cities **, Singapore's strategic location makes it a global hub for business and tourism with a world-class finical, healthcare, transportation, and logistics infrastructure backbone. Adding to the character of the city is its reputation as the culinary capital of Asia, with the renowned Michelin Guide producing Singapore's first list of Michelin-starred restaurants in 2016. As the gateway to Asia, Singapore's reign as the leading business, lifestyle ...