20 Apr '15, 12am

#singapore #property The next property hotspot will surprise you: Few, if any, locals w...

#singapore #property The next property hotspot will surprise you: Few, if any, locals w...

Comment E-mail to friend Bookmark & Share Few, if any, locals will have been there, let alone be thinking of it as the next hot overseas property investment destination, but the African nation of Somalia, pitched on the war-torn horn of Africa, has been highlighted as a candidate for a long-term real estate investment location. Somalia, according to a study by Swedish professor Hans Rosling and widely reported by Western media in recent days, is set to benefit from high population growth by the end of the century, while Africa is expected to account for over two-thirds of the world’s additional 3 billion people by the end of the 21st century. That is a long-term investment indeed. Rosling predicted demand for Somalia’s golden beaches – the longest in Africa – would increase as a growing middle class in both Asia and Africa seek for new holiday destinations along the Indian...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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