Tag: Singapore’s real estate

While Asian countries reel from Covid-19 economic fallout, Chinese investors buy luxury property from ‘Singapore to Sydney’

Bloomberg reported on Tuesday (May 25) that Chinese investors have been buying luxury real estate in several different countries in and around Asia, as this has proven to be a “good hiding place” from the economic blow of the coronavirus pandemic. The report states that...

Possible challenges from Budget 2020 property tax rebate, says ERA

Singapore – The country's leading real estate brand, ERA Realty Network, has commented  on the property tax rebates in the 2020 Budget Statement. In Parliament on Tuesday (Feb 18) Deputy Prime Minister and Finance Minister  Heng Swee Keat had announced special support packages for those...

Singapore is 5th best for Chinese real estate capital investors

According to US commercial real estate services firm Cushman & Wakefield, Chinese investors have been pouring funds into Singapore’s real estate, reaching US$650 million in four recent acquisitions in 2018, as cited in the report. This makes Singapore the fifth most preferred destination among Chinese...