Singapore property market to benefit from Brexit

1 / 1This comes as the prospect of Brexit has cast a negative impact on the London property market’s status as a safe haven investment for overseas buyers.

This comes as the prospect of Brexit has cast a negative impact on the London property market’s status as a safe haven investment for overseas buyers, while boosting that of Singapore.The British Property Federation publication Who Buys New Homes In London And Why? showed that 49 percent of prime central London properties are purchased by foreign buyers.UK real estate prices saw house prices increase by just 0.1 percent year-on-year in January, the slowest in six years, and only rose only by 0.

And with Singapore’s property market being a favourite of foreign buyers for many years, London’s loss could turn into Singapore’s gain. Moreover, Singapore’s Property Price Index showed that prices of private homes have remained relatively flat over the last three quarters of 2018, before dropping by 0.9 percent in the first quarter of 2019.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Europe: London stocks dip on news of Brexit extension[LONDON] London stocks slid in opening deals on Thursday, but Frankfurt and Paris rose as investors digested news that Brexit has been delayed by up to six months. Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »

European stocks climb before EU summitLONDON: Eurozone stock markets rose on Wednesday (Apr 10) ahead of a key EU summit, with the smart money on Britain winning a Brexit delay which ...
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »