Safe and liveable Singapore
Singapore has always been known as the "garden city" and has been repeatedly rated as the most beautiful city in the world. The climate here is stable, the temperature is constant throughout the year, and the air is fresh, making it the most ideal habitat for people. In addition, Singapore has strict laws and good public security. It has been rated as the safest city in the world many times, which makes people living here very at ease.
Singapore also has top-notch medical technology and perfect medical service equipment; the world's lowest personal income tax rate, which is the most suitable national environment for doing business; public transportation ranks among the best, and the infrastructure is very perfect. Tens of thousands of overseas people migrate here every year, and Singapore has since become the most suitable paradise on earth.
Singapore Education
Singapore advocates elite education and integrates with the world education system. In addition to strengthening bilingual teaching and social practice, other courses are basically the same as the British primary and secondary schools. The international education system makes Singapore a golden springboard for studying in Europe and the United States.
Many parents have come here, and want to experience the rigor of Eastern academics and the innovation of Western education in Singapore where China and the West meet. This has also largely driven the development of Singapore's local real estate. The distance between the school and the home is one of the important considerations for successful admission when the local registration has been enrolled, which also makes parents have a great demand for school district housing, and also provides a steady stream of local housing market Ever power.
Singapore house prices are trending up
On October 25, 19, the Urban Renewal Authority (URA) released real estate statistics for the third quarter of 2019. Since 2011, the data shows that the overall housing prices in Singapore have shown a steady growth trend, and that housing prices are still in a rising trend.
Economist Morgan Stanley believes that the upward trend in Singapore's housing market can be maintained at least until 2030, Singapore's housing prices will double, and the island's average price per foot will reach S $ 2,900. This means that with the rapid growth of Singapore's economy, Singapore's real estate market still has huge market investment potential.
High rental return
The rental return rate of the property has also become a major consideration for investors. Singapore's rental rate of return has been relatively stable all the time, and has recently shown a steady upward trend. It is worth mentioning that in the active areas of Singapore, such as the central area of the city, the rate of return on rent is more attractive. According to a report in Singapore ’s Business Times, “Compared to other capital returns, potential investors still prefer the rental level and rental return rate of the property. Buying high-quality land and properties close to the subway station is a high-yield way. "
Valued property
Singapore's real estate title deeds can be divided into 99 years, 999 years and permanent property rights, and the house has no inheritance tax, no capital gains tax, and no additional taxes such as property value-added tax. Loans in Singapore are also very convenient. Even foreigners can apply for a mortgage of up to 70%, and the interest rate is also very low. Now it is about 1.8% -2.2% per year. Singapore has limited land resources, which can be described as a lot of money. In the long run, this guarantees an overall upward trend in land prices and housing prices. Compared with investment products such as bonds, stocks and funds, real estate will have a higher value preservation space.
Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.
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