princess_morbucks
01-12-13, 11:46
http://www.straitstimes.com/breaking-news/money/story/more-foreign-properties-being-launched-singapore-20131201
Overseas property continues to lure local investors with developers seeming to jet in every other weekend offering new launches.
DTZ Singapore research head Lee Lay Keng said about 107 London projects alone, including student accommodation blocks, have been brought to Singapore for sale by various agencies this year.
Consultancy Colliers International data shows an increasing number of Singapore investors have been buying London property over the past 12 months, about 25 per cent more than a year earlier.
Mr Julian Sedgwick of Savills Singapore says: "It is hard to track the number of different launches in Singapore but we have certainly seen an increase in the number of launches this year compared with last year."
Overseas property continues to lure local investors with developers seeming to jet in every other weekend offering new launches.
DTZ Singapore research head Lee Lay Keng said about 107 London projects alone, including student accommodation blocks, have been brought to Singapore for sale by various agencies this year.
Consultancy Colliers International data shows an increasing number of Singapore investors have been buying London property over the past 12 months, about 25 per cent more than a year earlier.
Mr Julian Sedgwick of Savills Singapore says: "It is hard to track the number of different launches in Singapore but we have certainly seen an increase in the number of launches this year compared with last year."