avenue south residence price

Last year, the Singapore government instituted an additional buyer's stamp duty (ABSD) of 10% that is required to be paid by all foreigners wanting to purchase property. Many real estate professional believe that this was the principle reason that property prices fell last month 0.8%. Only time we tell what the long term effect of the new tax will have on the real estate market as a whole.

The Singapore property has been avenue south residence price on fire for so long, that many active investors did not ever think it was going to slow down. If you are not familiar with Singapore, it is an island state that is located in Southeast Asia.

Singapore is a democracy, and is without question one of the strongest economies in the world. Presently, less than 2% if the population is out of work. While that figure might sound fantastic, actually 2% is too low, because it means that there are not enough employees, for the jobs that are available.