The A to Z of Singapore’s Public Housing: Your Ultimate Guide
What Types of Properties Can You Buy as a Foreigner in Singapore?
Is Public Housing Important to a Real Estate Market? Exploring the Differences Between China and Singapore’s Public Housing Policy
China and Singapore are very distinct markets within Asia. The same can be said about its real estate, an integral part of their respective economies. Yet, we observe disparate differences in the policies that govern China and Singapore’s public housing – differences that we will explore in-depth within this article!
Buying Real Estate In Singapore As A Foreigner
Despite COVID-19 – especially as we enter 2022 – Singapore remains an attractive destination for foreign real estate investors. Just in 2021 alone, according to the Business Times, real estate investment activity “almost doubled in the first half of 2021 to US$4.7 billion worth of acquisitions, up 97 per cent from a year ago”. More than half of this came from cross-border investors. If you are interested in acquiring real estate as a foreigner, there are some particular rules and restrictions surrounding what types of properties you may or may not buy.
The History of Growth in Singapore’s Real Estate Market
Singapore has been and remains to be a stable and reliable real estate market in the Asia-Pacific region. With its roots in prudent government planning coupled with the fertile economic ground, the Singaporean real estate market has experienced dynamic growth since its independence in the 1960s. From Attap houses, SIT (no not the University) JTC and HUDC, we uncover the development of Singapore’s Real Estate and possibly reveal why Investors have been flocking to Singapore!
