21 Apr '17, 1am

Good article on real estate opportunities in emerging Asia

Good article on real estate opportunities in emerging Asia

“Currently, demand is strongest for raw land plots, those with license to develop and those without, with seafront locations commanding the highest premiums, followed by inland plots that might have lakefront positions or attractive views. Demand is also strong for ready-built properties and those older colonialstyle residences that need extensive remodelling and offer development potential. Prices can start from as low as US$120,000 for inland plots and rise towards US$6.5 million for prime seafront real estate with uninterrupted beach access. Transaction numbers are increasing and with demand outstripping supply, especially for prime property, prices continue to rise. Supply initially improved after the cessation of hostilities as owners capitalised on the increased demand, but supply has weakened recently as properties are snapped up and opportunistic owners are retaini...

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

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