Singapore Real Estate News Market

By Billy Chen

Right now Singapore's property market is in boom and is going to continue for next two to three years.The prime reason for this is the drastic change in countries tourism which is bringing investors from round the world.

The main source of tourism are the Indians were suddenly very large quantities of Indians in Singapore and the Indians are investing in real estate is still very high.

Hear some Indian holiday here, while others are seriously planning to reassure him, because the atmosphere is generally similar to India MRT 'here is quite reminiscent of the metro in Delhi, Singapore market as the best market in Asian countries , which in turn is the case, judged to increase investment in Singapore.

Main reason for Singapore's drastic development is that being Singapore a island country many tourists come here for the beaches and holiday resorts. Even the malls here in Singapore are very fine and government here has reduced its custom duty on buying items by foreigners which is one of the case for Singapore being hub for tourism.

Singapore is also considered as one of the safest place and there has never been any issue of risk for investors who are investing in Singapore.Though Singapore considered to be strict countries for its rules and regulations but it always been investor friendly country and it is bound to be in future.

Currently the Singaporean market is believed to be in competition neck to neck with the japans' market and forecast is that it would leave behind Japan by year end. Government of Singapore has implemented a rule of creating transparency in its property market property market which is very much in favor of investors and investors are really taking a good help by this.

The investors here in Singapore market are being divided into two groups one being invest here to own it and live while the other group entering into Singapore market purely believe this as investment and forecast future interest for what the money they have invested. As Singapore being popular in global countries many MNC's are eyeing to have office in Singapore which is the major reason for Singapore property market to be soaring. - 31904

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