Saturday, September 27, 2008

About this Blog

Singapore Property Buyers increasingly attracted to Overseas Property Investments

According to the Asia Property Trends Survey 2008 from iProperty, there is a decrease in the number of property investors buying in Singapore with only 54% said they would purchase a property from the Singapore private property market. This is a significant fall from 2007 when 78% of Singapore property investors chose Singapore property as their prime interest. This indicates that overseas property investments are becoming increasingly more attractive to Singapore property investors. The geograhical shift in real estate interest should not come as surprise as property price remained all time high in Singapore, while property prices in many parts of the world have declined.(The Global Property Guide, a property research group, reported that for the first half of year 2008, property prices fell in 21 of the 33 countries.)

May also want to read:
Property Buying Tips: Lessons from Boom-Bust Property Cycles of the World
History of Singapore Property 1960 to 2008
HDB Resale flats Price Index 1990-2008: Graph & Chart
Property Price Index Graph Plotter & Online Property Valuation

HDB Resales: West Sees Highest Price Increase


Post a Comment

Dear visitors:
Your comments are most welcome!

The blogger here has been affectionately named by close allies as "Smart Buyer" but really, he's not smart. Smart Buyer just believes that being prudent is smart. That's the essence of the message of this blog and Smart Buyer hopes it'll benefit other property buyers.

Smart Buyer :)