Singapore ranks third in global survey for real estate demand
Singapore has been ranked 3rd position globally for real estate demand. According to analyst, “These gateway markets tend to be supply constrained both by high land costs and difficult permitting and planning regimes. As a result, real estate assets in these markets are consistently in high demand from investor capital from across the globe due to locational advantage, prestige, attractive leases to tenants, stable income and increasing value”.
Singapore continue to attracts many foreign buyers and they choose Singapore as a safe haven for their real estate investment largely due to its fundamentally strong economy and “no nonsense” government policy in maintaining a well balanced housing supply and demand to ensure competitiveness.
Canninghill Piers condo @ 177 River Valley Road under the Central Area URA Masterplan will be one of the most awaited upcoming new launch among home buyers and investors.
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