Top reasons to Invest in the Singapore Real Estate Industry

The Asian property investment market has always been lucrative, especially in the beautiful country of Singapore. It attracts various types of investors from all corners of the world, and many of them don’t want to be left behind. Singapore property news has it that housing prices have been trending down largely due to deliberate government efforts and pro-business policies to make the market more attractive to investors. The six percent decline in prices since the peak in 2013 shows how Singapore properties have become more affordable over the years. It’s no surprise Singapore’s popularity has increased to the extent of competing with big cities such as Tokyo, New York and Beijing. Below are several reasons to invest in Singapore’s real estate sector. Strategic location  The county’s strategic location, next to cities such as Beijing, Bangkok, New Delhi, Kuala Lumpur and Jakarta, is a contribution to the growth of the real estate industry. One minute you are shopping in Beijing and the next, having a cup of coffee at a Shanghai restaurant. Thanks to its proximity to large cities, investors have confidence in the sector’s growth. Low corporate tax  Singapore has some of the lowest interest rates as compared to nearby countries such as Malaysia and Indonesia. The country is, therefore, able to attract an abundance of property investors looking to smile all the way to the bank. Low-interest rates assure investors that they can get relatively high returns on their investments. Diversified industry sectors  A diversified economy is better equipped to combat future economic crisis. Moreover, diversification supports economic growth. Singapore, having a diversified economy, attracts numerous business people and expats consequently...