Singapore Surpassed Hong Kong As Preferred Property Investment Destination

singapore-surpassed-hong-kong-as-preferred-property-investment-destination

Hong Kong is now trailed Singapore in Real Estate investment prospect due to political and economical uncertainties amidst violent protest. In fact, the ex-British Colony is the least preferred destination for investors as well as retail and tourism is also affected.

Meanwhile, Singapore benefited from the situation and move to the top in terms of the prospect. Notably, prices of property in the Republic is showing growth since quarters ago, and witnessed stability across segments. At the same time, real estate transaction volume has also increased by 73% compared to a year ago, with the inbound movement of foreign capitals.

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