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Real Estate Realities by Ku Swee Yong

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20.

The allure of international properties

 

 

In the three years since Real Estate Riches was published in mid-2011, Singapore has probably seen a doubling of foreign property projects being sold here. Or at least that is the impression I get from flipping through weekend editions of our local newspapers. And as the pace of sales for many new residential launches slowed in 2014, it may seem that over some weekends, the number of foreign property advertisements outnumber the local property advertisements. The restrictions in the Singapore market are creating a massive outflow of investors’ monies into overseas properties.

In Chapter 20 of Real Estate Riches, I discussed my outlook on several key overseas markets and I recommended some while ...

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