Ong Teck Hui delivers JLL's latest Singapore hotspot report identifying the residential projects foreigners have been investing in recently.
The recent easing of cooling measures seen as a signal that the unwinding of measures has begun should continue to stoke confidence and boost sentiment. JLL predicts that coupled with the likely bottoming of prices, more foreign investors are expected to return to the Singapore residential shore to capitalise on the potential price upside.
JLL's guide for foreigners looking toward Singapore is based on buyer behavior in 2016 and the first four months of 2017.
Hotspot #1: Prime residential districts
These developments are situated in areas providing exclusivity and prestige and are strategic locations to MRT stops & the CBD which are popular leasing destinations for expatriates.
Hotspot #2: Along MRT lines
Beyond the prime districts, hotspots for foreign buyers are mainly located along MRT lines, which provide travel convenience.
Hotspot #3: The future second CBD - Jurong Lake District
Jurong Lake District is positioned as the future second CBD in Singapore, the first smart city in the coutnry and the terminus of the future High -Speed Rail connecting Kuala Lumpur and Singapore.
To view the full report click the link in the contact details section below.