
NEW PROPERTIES AVAILABLE IN SINGAPORE
Property Investment 88, the leading property portal for new condominium property launches in Singapore, announces collection of Singapore new launch property for investment of residential properties. These properties are direct from developer with best available units and discount.
Investing for residential properties will be the best investment one can ever make. There are seven reasons why Singapore residential property market is still a good investment. First is because of the increasing target population to 6.9 million by 2030. Second is that, the great infrastructure expansion plan rolled out by the government. Third is due to the extension of CBD area to absorb more work forces. Fourth is due to the low unemployment rate in Singapore. Fifth is because of the stable economic and political stability. Sixth is the table currency, which tends to increase compare to other currencies in the long run. Seventh is for the reason that Singapore is a safe haven for South East Asia and Asian countries. And lastly, it is because of the growing trend of Singaporean to invest in overseas property. In fact, Singapore emerged as the largest Asian investor of overseas property, spending US$11.9 billion in such assets last year from US$9.4 billion during 2013, revealed CBRE. Moreover, the city-state maintained its position as the top source of outbound capital in the region, followed by China with US$10.1 billion and Hong Kong (US$6.3 billion). Malaysia and Taiwan trail behind with US$1.7 billion and US$0.2 billion respectively.
This growing trend in Singapore of investing overseas properties is likewise due to several reasons. One of which is the lower quantum. There also is a lower down payment, for ABSD paid to buy Singapore property can cover the full property price or paid the down payment depending on the country and location they invest. Moreover, investing for overseas properties give a deferred payment scheme, lower stamp duty, and a possibility of higher potential return and rental yield. There is also an attractive rental guaranteed scheme offered and future children accommodation for further study into overseas for their children. Investors are also given chance to relocate or retire home.
In protecting the interest of the investors, the government of Singapore implemented the cooling measures for Singapore property market for several reasons. One of which is due to the low interest rate caused by the global financial crisis that hit the United States in 2008. During that period, Singapore interest rate has been kept low; average mortgage interest rate is only about 1.5%. This low interest rate has spurred smart investors and speculators into frenzy borrowing to speculate the property market and make high and quick return.
Another purpose is as to prevent bubble which is caused by low interest rate and high speculative activities in the market which will lead to real estate bubble.
These measures likewise aim to filter buyer’s profile, intention, and ability in repayment. ABSD acts as the filter for buyer’s profile and intention. Because extra stamp duty paid is between 5-15% depending on buyer’s profile and it is paid maximum within seven weeks on the booking day. Those who are willing to pay means have a good profile and intention. TDSR is used for calculating buyer’s ability in paying back the loan. It is also thoroughly plan with only maximum 60% of income and 3.5% interest rate, in case the interest rate is started to pick up.
Moreover, it seeks to protect genuine investor, for the reason that a property is a long term investment tools and the policy is to protect genuine investor and discourage speculators.
Lastly, it help to protect the market and healthy property investment environment. If the global economic situation turns worse again, the property market may not drop as hard as the other countries which have not implemented any bubble prevention. And government has more tools to play with to draw back the liquidity into Singapore.
The portal of Property Investment 99 provides new property launches for sale direct from several countries such as Singapore, London, Manchester, Cambodia, Australia and Philippines.
ABOUT THE COMPANY
Property Investment 88 is the leading property portal for new condominium property launches in Singapore with the latest hot Singapore property and overseas property to buy and invest. Click here to find out more: http://propertyinvestment88.sg/.
You may also like
Archives
- June 2025
- May 2025
- April 2025
- March 2025
- February 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- February 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- October 2020
- September 2020
- August 2020
- July 2020
- March 2020
- February 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
Categories
- A Good Appetite
- Arts
- Arts, Crafts, Boutiques
- Backing
- Blog
- Breakfast
- Building & Construction
- Business
- Business & Finance
- Catering
- City Kitchen
- Computers & Electronics
- Desserts
- Dinner
- Economy
- Education & Learning
- Entertainment
- Entrepreneur
- Events
- Events and Planning
- Family
- Fashion & Accessories
- Fashion & Style
- Food
- Food & Drink
- Gambling
- Gaming
- Health
- Health, Beauty & Wellness
- House & Home Improvements
- Industry
- Insurance
- Investment
- Law
- Lifestyle
- Main
- News
- News Center
- Others
- Personal Services
- Pets & Pet Care
- Photographer
- Politics
- Property & Real Estate
- Science
- Services
- Shopping
- Snacks
- Sports
- Technology
- Travel
- Travel & Transportation Services
- Uncategorized