Why does Singapore's Real Estate Market Remain A Popular Choice for The Super-rich?
Singapore's real estate market is attracting an increasing percentage of foreign buyers, with the first quarter of 2023 seeing a rise to 6.9% from the previous year's 3.1%.
Despite being one of the most expensive markets globally, Singapore remains a popular choice for the super-rich due to its safety and comfort, and its relatively affordable prices compared to other major markets in Asia.
However, this sustained demand may lead to economic volatility and stress on the local population. The government may need to implement measures to address the issue and safeguard the financial system's integrity. Nonetheless, Singapore's real estate market is expected to maintain its demand in the long term.
Why does Singapore\'s Real Estate Market Remain A Popular Choice for The Super-rich?
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