Buy Rent Sell and New Singapore Property Website. However, this isn’t applicable when a non-government owner is concerned.
Doctor. So owners of such properties might be more willing to take a good profit and accept costs that are a bit lower,” said Ong Choon Fah, Chief Operating Officer at DTZ Southeast Pacific Rim.
“The most significant drops off in DC rates are in Sector One hundred ( Punggol City / Higher Serangoon Road area ) and Sectors 103 & 104 ( Hougang / Upper Paya Lebar Road / Toa Payoh / Bishan area ), all by 14 percent,” said the Urban Redevelopment Authority ( URA ). With saving rates running as low as 0.1 per cent a year against inflation of about Five %, the erosion in the value of money kept in a bank has been particularly grim. An oft-heard refrain is ‘scarcity of land as Singapore is a little country’. They’ve been on an uptrend since 2005, save for a brief period between the 2nd quarters of 2008 and 2009. Also, real-estate investment is a useful hedge against inflation. to organize events eg the Formula One night race, which add some buzz to the city. But previous performance is no guarantee of future showing. Buy Rent Sell Singapore Property – New Launch Singapore Condominium Singapore Apartment, Landed Houses. For more information, New Launch Singapore Property.