Situated off the coast of Malaysia, the Republic of Singapore is one of the busiest commercial hubs in the Malay and Asian region. Still, because of an extensive Mass Rapid Transit (MRT) system that covers most parts of this island country, it’s relatively easy to go from one region of the country to another.
The four official languages of Singapore are Malay, Mandarin, Tamil, and English. In terms of investment opportunities in Singapore, the real estate sector is quite lucrative. You can navigate to online resources and find out more information about new condo launch.
A Few of the benefits of investing in Singapore’s real estate market include:
In accordance with the 2013 Index of Economic Freedom, Singapore has the second freest economy in the world. The Corruption Perceptions Index ranks this Asian country among the least corrupt countries in the world. In addition, it’s the 14th largest exporter and the 15th importer in the world.
Funding Available To Foreigners
Australian investors can easily access funding to buy properties. Financial institutions can offer up to 80% mortgage finance to foreign investors. However, it’s important to note that the terms and conditions of such loans generally vary from one lender to another. If you want more explanation regarding highline residences to visit great websites online.
Attractive Rental Yields and Minimum Transaction Costs
Singapore has attractive rental yields. Figures published by singaporepropertycycle.com show that from 2008 to 2013, rental yields ranged between 4.08 and 7.38. However, the return on your investment will be dependent on variables several factors including the location of your new launch property.