SINGAPORE: With all the turmoil of a Trump presidency and Brexit, we wouldn’t be surprised if analysts eventually suggest hiding your money in a sock.
In the aftermath of the last crisis years (2009 to 2013), the Singapore property market — particularly its luxury segment — was considered a safe haven investment destination and recorded huge price increases.
But will that still be the case today? It certainly seems so. Singapore properties surprisingly recorded price gains for luxury properties in the third quarter of 2018, outshining even Hong Kong.
Clearly, and despite the cooling measures, well-heeled investors are still seeing value and opportunity in the Singapore housing market.
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Growing population and GDP
Implementing measures to keep market stable
Implementing measures to prevent a dangerous bubbles from forming
Improve the strength of Singapore Dollars
Maximise chances of reaping profits in property investment
Pegging to a basket of currencies
Safe haven asset
Safe haven investment destination
Singapore housing market
Support to a consistent demand for Singapore real estate
URA regulating guidelines