30.09.2008 - Singapore property investors confident and increasingly looking abroad
From Propertywire.com: Almost half of property buyers interested in investing in Singapore expect prices to increase and regard the market as an attractive investment, according to a new survey. The Asia Property Trends Survey 2008 from iProperty.com also found that 42% expect prices to decrease but they still regard it as a good investment because of the potential longer term capital appreciation. The recent stabilisation of property prices is encouraging more investors and 85% of those surveyed said that they may purchase property within the next 12 months. Attractive loan packages are also encouraging investors, it found. A majority, 73%, said they would be looking for 60 to 99% finance to buy. Residential properties are the most sought over by investors, especially completed apartments and property with land..... Full Article: Source
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