Posted on May 13, 2008 by lushhomeonline
Number of foreign purchases fall; many buying homes in suburban areas
HIGH-END homes have become the first to buckle under the pressure of volatile market conditions and gloomy buyer sentiment.
Prices of luxury developments dipped in the first three months of this year, even as foreign buyers - a traditional source of demand for such properties - [...]
Filed under: Foreigners, General, Luxury Property, Market Reports, Rental | Tagged: Ardmore Park, Foreign Buyers, Foreigners, Property Prices, Singapore Luxury Homes, Singapore Property, Singapore Rental Market, St Regis Residences | No Comments »
Posted on May 11, 2008 by lushhomeonline
The shortage of places at international schools in Singapore shows little sign of easing, even as many have announced expansion plans.
The latest is Tanglin Trust School which says it will add another 700 places from next year.
The situation is of concern among business groups and even the Singapore government.
For many foreign companies, doing business in [...]
Filed under: Foreigners, General | Tagged: Canadian International School, International Schools, Singapore American School, Singapore Education, Tanglin Trust School, United World College | No Comments »
Posted on May 7, 2008 by lushhomeonline
Prime Minister Lee Hsien Loong said Singapore will continue to develop the financial sector as more activities are being moved to the city-state.
Mr Lee, who was speaking to 120 bankers at the hour-long Thomson Reuters Dialogue on Tuesday, added that more would be done to ease capacity constraints, such as the crunch in office space [...]
Filed under: All Singapore, Finance, Foreigners, General | Tagged: Cost of Living, Finance, Inflation, Lee Hsien Loong, Office Space, PM Lee, Rental, Singapore Economy, Singapore Education, Singapore Expats, Singapore Financial Sector, Thomson Reuters Dialogue | No Comments »
Posted on May 3, 2008 by lushhomeonline
MYANMAR nationals seem to congregate in the western part of Singapore, going by the number of shops catering to them which have sprung up there.
At least seven of them, mainly provision shops and mini-marts, have surfaced in Clementi, Boon Lay and Jurong East over the past two years.
On sale are Myanmar fare such as pickled [...]
Filed under: Foreigners, General | Tagged: Foreigners, Myanmar | No Comments »
Posted on May 3, 2008 by lushhomeonline
MYANMAR nationals are making their presence felt here, not just in their red T-shirts joining the queue outside their embassy to vote on their country’s new Constitution, but in other sectors of Singapore too.
The Myanmar Embassy, in St Martin’s Drive, estimates that there are 100,000 of its nationals living here, up from 60,000 at the [...]
Filed under: Foreigners, General | Tagged: Foreign Buyers, Foreigners, Myanmar, Singapore Property | No Comments »
Posted on April 26, 2008 by lushhomeonline
THE rising cost of living, high residential rents and expensive office space are among contentious issues that plague the American expatriate community here.
However, these cons are outweighed by the benefit of being able to participate in global trade. ‘Singapore is a good place to do business, especially for our members who are so regionally focused,’ [...]
Filed under: Foreigners, General | Tagged: AmCham, American Chamber of Commerce, American Expats, Cost of Living, Expats, Foreigners, Office Rental, Office Space, Residential Rents, Singapore Business | No Comments »
Posted on April 8, 2008 by lushhomeonline
Foreigners could be switching from leasing to buying property, says Savills Singapore
Residential leasing transactions have stagnated in the past two years after falling from a recent high of 33,874 in 2005.
According to an analysis of Urban Redevelopment Authority data by Savills Singapore, transactions were about 15 per cent lower at 28,928 in 2006 and 28,893 [...]
Filed under: Foreigners, General, Market Reports, Rental | Tagged: Buy or Rent, Expatriates, Expats, Foreigners, Home Leases, Home Rental, Rental Market, Singapore Property | No Comments »
Posted on March 27, 2008 by lushhomeonline
Rising rents, influx of foreign talent set to spur demand for homes, say analysts
THE attraction to foreigners of buying a non-landed home in Singapore isn’t expected to wane in the mid- to longer-term, say property experts.
Jones Lang LaSalle’s head of research (SE Asia) Chua Yang Liang expects the ratio of foreign buying to be maintained [...]
Filed under: Foreigners, General, Market Reports | Tagged: Foreign Buyers, Foreigners, Luxury Homes, Property Market, Rising Rents, Singapore Property | No Comments »
Posted on March 27, 2008 by lushhomeonline
S’poreans buying more private homes but their share is still falling as foreigners outpace them
Take a walk down some of the poshest parts of Singapore and your eyes will confirm precisely what the numbers say. With its immigration-friendly policies and its growing attraction for wealthy individuals across the world, Singapore is seeing more foreigners than [...]
Filed under: Foreigners, General, Market Reports | Tagged: Foreign Buyers, Foreigners, Luxury Homes, Property Market, Singapore Property | No Comments »
Posted on March 12, 2008 by lushhomeonline
Their purchases could account for half of 2007 transactions on the secondary market
A record number of foreigners here have opted to purchase homes instead of renting them at ever-climbing rates.
According to an analysis of transactions of private residential properties by DTZ Debenham Tie Leung, foreigners bought 6,536 non-landed homes from the secondary market in 2007 [...]
Filed under: Foreigners, General, Rental | Tagged: Foreign Buyers, Foreigners, Property Market, Rental, Singapore Property | No Comments »
