If there is 1 other thing, Singapore is famous for , its urban planning . Due to our limited size, planning became a critical component for the growth of Singapore. Though we are 1 of the most developed country in Asia, We are still growing, that’s where, this presents another opportunity for the savvy investors .
That however , is just 1 part of singapore. What does it mean for an investor like you ?
What this mean is, though Singapore may seem “Developed “. There are still many opportunities for growth and with growth comes opportunities to get in on the ground level.
This growth is spread throughout Singapore, to make sure, that , there is a maximization of opportunities for all. However for foreign investors, its far better to stick to familiar path.
Thats is why, CBD and District, 9,10,11 , Which covers, Orchard road, River valley, Bukit Timah have always been a favorite investing destination.
At the bottom page, click on any of the buttons, for a clearer explanation
In Singapore, the Monetary Authority of Singapore uses a “managed float policy” to guide the value of the Singapore Dollar. Under this structure, MAS allows the Singapore Dollar to trade within a range of values against an undisclosed basket of currencies. In this way, the strategy is partly pegged and partly floating.
Against every Asian currency, the Singapore dollar has appreciated.The Singapore dollar is regarded as 1 of the most stable currencies in the world. According to Money Express
Singapore Dollar (SGD)
Despite being one of the youngest currencies, the Singapore dollar can be rated as one of the most stable currencies of 2019. Singapore is the hub of financial activity in Asia and has a broad-based economic momentum that fuels growth, with subdued inflation and a current account surplus as a share of GDP. The stability of the SGD is no accident either. The Monetary Authority of Singapore keeps a close watch on the international currency exchange rates vis-à-vis its peers and trading partner, and periodically intervene to steer the course when required.
This has also lead to more investments flowing into Singapore , Cementing its reputation as a stable currency to invest in. What this means, is that, Even if Property prices in terms of SGD dont appreciate ( Small chance) . The SGD , would most certianly have appreciated againt your own currency.
There are no hidden cost and every cost is made clear.
Except from additional taxes, ( and some restrictions on buying certain properties like landed house and public flats )a foreign investor would pay the same amount for the property and go through the same process. This then makes, judging the investment much easier.
Using time worn metrics like:
IRR, NPV, ROE, allows investors like you to not only make better desicisons but make comaprison with to other instruments like stocks, shares, currencies and investing in other markets .
There is no foreign ownership restrictions on condominiums and mixed developments
There are no currency controls, capital gains taxes, or withholding tax for property disposals
You could be eligible for tax deductions on mortgage interest when the property is rented out
Foreigners could be eligible for attractive Singapore dollar mortgage loans
Foreigners could be eligible for loan quantum of up to 70% of purchase price
This means, that, even if your property investment did not appreciate in sgd, in term of your currency , its appreciation would be remarkable. On average, properties have an annualised gain, from 2 to 5 %
For a foreigner, looking to invest , the 1st step would be to open a company . This is simple and straight forward. Within a week, provided all documents are in order, incorporation and setting up of banking accounts can be done . Briefly, what you need to provide would be :
⦁ Company name (approved)
⦁ At least one (1) director or nominee director
⦁ At least one (1) shareholder
⦁ Resident Company Secretary
⦁ At least S$1 in paid up capital
⦁ Registered Singapore company office address
⦁ Company constitution – a model constitution can be found on the ⦁ ACRA website.
⦁ Contracted agreements between company and its stakeholders:
⦁ Memorandum of Association
More details can be found : https://www.acra.gov.sg
As an added service, I help my clients , by pointing them to relevant experts such as lawyers and accoutants who are familiar with such cleints . Another great plus , is that, Everyone is equal under the law and there are no favourites, in rare cases of disputes, Singapore as a center of arbitrations has clear rules, that treats everyone equally under the law. Something, which gives assurances to many investors
If I were to ask any investor, if you were to invest in France, where would u invest? Most likely that person would say , Paris , Or Bangkok for Thailand , New York Or Manhattan for America or London for u.k
Its quite intuitive ,isn’t it. Though there are many places in Singapore that I can show you, to invest it. Investing in well known places, is in many ways, a conservative and a sure way to guard and grow your capital . After all, many other investors would also be looking in the same area and just like you, who would stick to well known districts. This means a pool of ready buyers , when you want to sell.
https://7figureconsulting.com/where-do-investors-most-love-to-invest/
Properties located within the CCR continue to demonstrate resilience despite a dip in overall transactions. This is observed in both pricing and sales volume of new projects in the region.
Based on URA data, interest from foreign buyers (non-permanent residents) in such properties has remained robust, accounting for roughly 37% of CCR new sales transactions in the three months following the end of 1Q2019 (as shown in the graph below).
https://7figureconsulting.com/projects/
The Basic ins & Outs of Commercial Investments
For a rough guide, on what you home could be worth. Add your postal code and see, whats the probable value.
For a more detailed breakdown and analysis. I can send you a 5 page report .
Under 1 roof, get the pricing, floor plans and if you like any, book a viewing and i will arrange the show flat vist. Thats how easy, I am making it for you