People from all over the world want to buy a property in Singapore.

Dear Real Estate Investor,

Did you know that people from all over the world are now investing in Singapore’s property?

Statistics show that the number of non-citizen homeowners is increasing after the pullback in 2012 following the implementation of the Additional Buyer’s Stamp Duty (ABSD).

Numbers from the URA shows that foreign purchasers increased by 48% to 794 units in 1^stHalf 2017 in comparison to 535 units in 1^stHalf 2016, while PR rose by 32% to 1,876 units in 1^stHalf 2017 from 1,416 units in 1^stHalf 2016.

Private property purchases made by fellow Singaporeans rose by 69% to 8,950 units in 1^stHalf 2017 from 5,297 units in 1^stHalf 2016. (Source: REALIS)

Supply of private residential units and ECs by expected year of completion

Source: URA

Want to find out more about how being a Singaporean gives You the leverage over foreigners?

Contact me now!
Email : Kenny.lee.sj@gmail.com
Contact No. : +65 96236667 / +65 6100 0898
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WeChat : KennyLeeSJ

Comments

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Can't sleep well last night? Caught by surprise on the sudden 5% increase on the Additional Buyer's Stamp Duty? Scratching your head due to tightening of Loan-to-value by 5%? Not to worry! You are not the only one worrying about it! Last night at Stirling Residences, Park Colonial & Riverfront Residences, look at the crowd going crazy!! Look at the number of people that are ready buyers that can buy property that worth more than a million. So the question is, are you financially ready to commit? More than 1,000 units transacted overnight! It all comes down to, financial management as well. Want to have your finances checked and planned for your dream home? Contact me now! Email : Kenny.lee.sj@gmail.com Contact No. : +65 9623 6667 / +65 6100 0898 Instagram ...

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