Do you know, around 42 percent of the populace in Singapore are foreigners. Based on Savills Singapore, foreigner buys accounted for approximately 25% of the total residential property sales trader in Singapore during the first half of 2010. This data has increased considerably in the last few years due to many reasons.
Some important factors that triggered the thieves to buy property are listed below:
- Increasing rental charges
- Flexible Singapore housing loans
- Increasing property Rates
- Low cost of living
- Long-term business schedules
According to a recent poll, foreign buyers are mainly responsible for increasing house price. Since, property prices are climbing steeply, the majority of the foreigners are discovering it as a much better investment. If you are looking for a better property investment choice, you need to identify the perfect location for purchasing a property. Bear in mind, a fantastic property can fetch you greater return values in future. So, you will need to checklist a few critical places and compare the areas to recognize the ideal place based on your budget and anticipation.
Some great places to purchase property are listed below:
Business central district is one of the prime places for trade and economy. You can get a wide selection of people within this region. Some best places to purchase property in company central district are Museum, Downtown Core, Orchard, Rotor and Outran. If you are looking for industrial place, then east region can offer you a Lot of career opportunities and has many outdoor activities to enjoy with your relatives.
North east area is growing area that brings more foreigners with its booming trade opportunities. Palau Bin and Nag Mo Kio are a few popular areas within the north east region. Want to discover the right property in a lush green area? Search for Properties around north region that has Pasir Ris 8 Condo industrial property, shopping facilities, schools and residential homes and still keeps its lovely lush green surroundings. Some great places around North West region are spring leaf, Sambaing and Sungari Kaput.
If you want a peaceful environment to relax in the bustling city centres, then west area can satisfy all your requirements with its hills, mountains and scenic beauty. North area is getting more attention today and is slowly developing into an important commercial centre. These are some areas that are bringing a large number of foreigners using its wide range of amenities, nature and reasonably priced property price rates. You can use these details to choose the best place for purchasing property According to your requirements.