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Will Singaporean's Overseas Property Appetite Continue?

Category: Real estate, Posted:07 Jan 2015 | 06:00 am

One of this year's key Asian real estate story lines has been the surge of overseas transactions by Singaporean property buyers.
Nearby Malaysia has been a strong beneficiary of the influx of investment buyers as has the more mature market in the UK, and the overflow has even been felt here in Phuket.
While the Singapore government underwent a series of cooling off measures including higher levies and restraining onshore borrowing.
At the same time new money from overseas buyers in the Lion City propped up the marketplace.
There is chatter in the Singapore market that buyers may be waiting to reinter their home turf should pricing start to rationalize
For now overseas developers are hoping the capital drift continues this year as was seen in 2014.

Other News

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Manic Monday. No Rain, No Rainbows

Category: Tourism, Posted:20 Sep 2021 | 14:24 pm Rainy days and Mondays are no reason to get down. We have three new Thai Road Trip episodes from C9 Hotelworks and our friends at Delivering Asia Communications for you. Have a seat, throw the umbrella out the window and take a look now. INSIDE STORY Bill Heinecke’s Phuket Resort Home Phuket Hotel Insight – […]
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After The Sandbox – Phuket Hotels Ask What’s Next?

Category: Hotels, Posted:16 Sep 2021 | 09:37 am The resort island of Phuket’s proof of concept Sandbox advantage looks to dramatically change come October. Since the first of July island hotels have experienced considerably higher occupancy levels and much-needed revenue from international arrivals. This has been Sandbox generated, and travelers, not necessarily tourists. Bangkokians fleeing the red zone situation have also aided in […]
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Remembering Florian Hallermann

Category: Hotels, Posted:16 Sep 2021 | 08:56 am We’d like to take a moment to remember Zeavola General Manager Florian Hallermann. Florian tragically died in a hiking accident in Ko Phi Phi. He was a familiar face in Greater Phuket hospitality circles for many years and well-loved in Ko Phi Phi, which was his last posting. Looking back at the start of our […]