News Formal

Singapore beats out Hong Kong for property investment prospects

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Singapore beats out HongKong for property investment prospects

Singapore was also one of the few markets regionally to see a jump in property transactions in the first half, with most activity driven by cross-border capital. Deals totaled US$4.9 billion in the period, up 73 per cent year-on-year, the report found.

Hong Kong's plunge to the least-favored real estate investment destination next year comes as the city's tourism and retail sectors take a battering, impacting economic growth.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore beats out Hong Kong for property investment prospectsSINGAPORE (BLOOMBERG) - The fortunes of two of Asia's hottest property markets are diverging.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Singapore beats out Hong Kong for property investment prospectsSingapore is now ranked No. 1 for real estate investment prospects in terms of price increases in 2020, beating Hong Kong who plunged to the bottom of the list after months of anti-government protests.
Source: YahooSG - 🏆 3. / 71 Read more »