Forbes has just released its 2016 ranking of the world’s richest people, with 17 billionaires from Singapore making it on the prestigious list. Close to half of them are involved in the real estate business, but for many, their fortunes have dwindled amid Singapore’s weak real estate market. Property siblings Philip and Robert Ng topped … Read more
Singapore’s market cooling measures have been effective in reducing the prices of HDB flats and private homes over the past few years, but housing costs here are still seen as too high, revealed findings published by a global report last month. According to the 12th Annual Demographia International Housing Affordability Survey, Singapore has a “seriously … Read more
With Singapore property experts fearing falls in the Singapore stock market will have an effect on the real estate sector, it could be another tough year for the domestic market. Instead, Singaporean property investors are turning to foreign property and preliminary data from analytics company Real Capital Analytics (RCA) shows they invested a record US$26.31billion … Read more
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