We all say, Singaporean loves to shop. And window shop even for properties. Its in our blood that weekends when we are free, we will visit the showflats.
Although we are not in the highest position for rental yields, we still fair better than many other countries.It all still voice down to the question. If everywhere is going in a downward spiral, where would you go to be the safest?
Past months with the worst news everywhere tells us just that, With US in recession since Feb 2020, our southeast asia friends as well, hongkong with their current new laws and policies.
One can imagine if I am in any of them, I too will plan ahead and look out for a more stable environment.
SINGAPORE IS VERY EXPENSIVE?
Before we nailed it in, do you agree when we compare between 2 items, there will always be 1 that is more expensive than the other?
Its a relative term depending how you are comparing.
And the only reason why we are able to maintain at this level is largely due to the cooling measures back in 2009 and the impact since 2013 as well.Looking at this, would you think our friends overseas will also come into our tiny dot for property?
We had already see many big organizations like Dyson, Alibaba setting their base here since 2018 and Singapore remain 1 of the top choice for investment inflow too together with Indonesia and Vietnam.
We have an advantage knowing the Ins and Outs of our own Singapore, why not claim this advantage?
Edmund Tan
Your Singapore Real Estate Insider
The REI Method
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