24 Feb '14, 7am

#GlobalREBubble #Singapore #UKREBubble 'One In Three Affluent Asians Buying Overseas' via @SGPropertyGuru

Feb 24, 2014 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share More than one third of affluent Asians have overseas property investments, with Australia being the number one destination regionally according to new research from HSBC. In the survey a total of 37 percent of survey respondents said they already own overseas property, and many also indicated they were planning further investments during the next 12 months. While Australia ranked as the most sought-after overseas property buying destination regionally, for Singaporeans it was Malaysia that emerged as the top location overseas for buyers and investors. India, China and the United Kingdom were ranked third, fourth and fifth respectively for Singaporean overseas property buyers. HSBC’s international property investment research was conducted by RFi involving more than 7,000 affluent individuals acros...

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

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