Tuesday, July 16, 2013

Top Locations to Acquire Property in Singapore

By Kate Ross


Did you know, around 42% of the people in Singapore are foreigners. According to Savills Singapore, foreigner purchases accounted for around 25% of the total residential property sales transaction in Singapore during the first part of 2010. This statistical data has increased considerably in the past one or two years due to several reasons.

Some significant factors that triggered the foreigners to purchase property are listed below:

- Enlarging rental charges

- Flexible Singapore housing loans

- Increasing property prices

- Low cost of getting by

- Long term business schedules

According to a survey, foreign buyers are mainly answerable for increasing house price. Since, property prices are skyrocketing steeply, the majority of the foreigners find it as a more profitable investment.

When you're looking for a better property investment option, you need to identify the best place for buying a property. Remember, a good property can get you higher return values in the future. So , you want to tick list some important places and compare the places to identify the right spot according to your position and expectation.

Some good places to acquire property are listed below:

Business central district is probably one of the prime areas for trade and economy. You will find a wide range of folk in this region. Some best places to buy property in business central district are Museum, Downtown Core, Orchard, Rochor and Outram.

If you are looking for business area, then east region can provide a lot of career openings and also has many outside activities to enjoy along with your family members.

North east region is developing area that pulls more foreigner loan in singapore with its blooming trade opportunities. Pulau Ubin and Ang Mo Kio are some popular places within the north east area.

Desire to get a acceptable property in a lush green area? Look for properties around north region that has industrial estates, shopping arcades, schools and residences and still retains its lovely lush green environment. Some good places around north area are Springleaf, Simbang and Sungei Kadut.

If you'd like a relaxed environment to chill from the bustling city centres, then west area can satisfy all of your desires with its hills, mountains and scenic beauty. North area is getting more attention today and is gradually developing into a very important commercial center.

These are some places that are attracting a large number of foreigners with its wide range of facilities, nature and reasonable property price rates. You can make use of these details to select the best location for purchasing property according to your needs.




About the Author:



No comments: