Residential sector in Singapore has been positive, covering 32% of the total investment volume in Singapore. This shows the confident investors have been having with our country macroeconomic stability and a safe environment for mid to long term capital appreciation gain. The increased evidence of investors showing interest in owning a property here will most probably increase foreign capital cashflow. Statistics reflected that foreign buyers have since increased from 24.3% in 2018, to 31.1% last year. Accompanied by a lower interest rate in Singapore, we can positively believe that the market situation here will most likely to stay in the year 2020.
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