Why Singapore remains an attractive investment destination?

Singapore is politically stable and it is harmonious society, the two key factors that make real estate, new condo in Singapore, a dependable place to park your cash. One more thing to note is property damage from civil unrest, from government seizure is highly not likely to happen in Singapore.

A strong Singapore dollar which the Singapore’s central bank, the Monetary Authority of Singapore keep it pegged to a basket of currencies and not controlling it with the monetary supply makes various investments, include property such new condo in Singapore a solid investment proposition. 

A proactive government that control and emphasis in keeping the property market stable, in implementing measures to prevent dangerous bubble from forming makes property and brand new launches in Singapore, a safe asset and not a risky investment.

The quality of housing is regulated by the government imposing measures to keep the neighbourhoods and new condo in Singapore liveable and enhancing in value over mid and long terms via URA concept plan since 1971.

Basically, land scarcity in our little red dot and the needs to grow the population and the GDP (Gross Domestic Product) will support a consistent demand for real estate in Singapore.

How will Singapore’s property market, especially brand new launches in SG be affected by  the current economic uncertainties and geopolitical conflicts like

• US vs China Trade War

• Brexit concern

• Hong Kong political and social disorder

• South Korea and Japan Trade Fight?

1. SG has a resilent property market.

Property prices in Singapore has been rising steadily through the decade and have weathered through some of the toughest economic challenges and regulatory curbs. ~ Christine Sun, Head of Research Consultancy at OrangeTee & Tie.

2. SG Government will intervene and instill market confidence.

Significant stimulus packages were released for each downturn that we have had, focusing on job preservation, bringing business cost down, maintain market and new condo in Singapore stability. SG Government stands ready to intervene in event of market downturn.