![](https://assets-today.com/wp-content/uploads/2024/03/Default_Singapores_Strata_Commercial_Spaces_Regenerate_this_im_0-1024x683.jpg)
“Property Type Unaffected by ABSD Hike: Offering Significant Returns”
Foreign investors who may have hesitated to invest in prime residential properties in Singapore following the recent increase in Additional Buyer’s Stamp Duty (ABSD) rates are being advised to consider strata commercial spaces instead.
Tang Wei Leng, managing director and head of Capital Markets & Investment Services at Colliers Singapore, suggests that strata commercial spaces, especially those situated in the Central Business District, present an “ideal investment choice.”
“The control over future approvals for new strata subdivision ensures that the supply of such commercial spaces remains limited, potentially leading to higher rental yields and capital appreciation,” Tang explained to the Singapore Business Review.
She further emphasized that foreign investors can take advantage of Singapore’s pro-business environment and favorable attitude towards foreign investment.
Tang highlighted the stable political climate and robust legal framework that instills confidence, providing a secure and transparent environment for international investors.
While stressing the attractiveness of strata commercial spaces for foreigners, Tang also noted that these investments hold promise for local investors.
“Investing in strata CBD commercial space in Singapore provides local investors with the chance to leverage their understanding of the domestic market and benefit from the ongoing growth of Singapore’s business landscape,” Tang stated. “Moreover, such investments enable them to actively engage in Singapore’s thriving business environment and contribute to the country’s economic expansion.”
Nicholas Keong, head of Residential and Private Office at Knight Frank Singapore, echoed Tang’s sentiment, suggesting that both locals and foreigners explore investment opportunities in commercial shophouses and strata office segments, as they remain unaffected by recent increases in ABSD rates.
“These assets are scarce in the island state of Singapore, consistently delivering significant returns over time for investors adopting a longer-term investment horizon,” Keong remarked.
“Commercial shophouses and quality strata office space in Singapore, whether in the CBD or suburban locations, typically offer capital preservation and appreciation for buyers.”
In addition to strata commercial spaces, Keong highlighted private landed homes as an investment option for local Singaporeans.
“These are also in limited supply, constituting just 5% of all housing stock on the island.
As long as there is continued increasing affluence in Singapore, demand for landed homes will remain supported given the limited inventory that is unlikely to increase significantly in the future,” Keong explained.
“Singapore’s Investor Appeal Endures: Strategies and Opportunities”
Despite the steep rise in real estate prices, Leonard Tay, head of Research at Knight Frank Singapore, remains optimistic about Singapore’s allure to investors.
He sees it as a “flight-to-safety and flight-to-quality destination for investment and expansion,” particularly appealing during times of global economic uncertainty.
“Institutional investment and private wealth seek stability amid uncertainty and are willing to pay a premium for security,” Tay remarked, underlining Singapore’s appeal.
Tang Wei Leng from Colliers Singapore shares this sentiment, suggesting that despite high prices, Singapore can still draw foreign investors through three key strategies.
Firstly, she highlights the offering of long-term investment opportunities.
Tang points to Singapore’s commitment to ambitious projects like the Jurong Lake District (JLD), showcasing sustainable growth prospects for investors.
“The JLD exemplifies Singapore’s dedication to sustainable growth, attracting foreign capital seeking stable returns. Moreover, continuous land releases through the Government Land Sales (GLS) program offer ample investment opportunities,” Tang explained.
She emphasizes the importance of the government addressing supply-demand imbalances in the property market by implementing flexible policies responsive to economic shifts, sustaining Singapore’s appeal amidst rising prices.
The recent hike in Additional Buyer’s Stamp Duty (ABSD) rates is expected to impact collective sales in Singapore, according to Tang and Tay.
Tay notes that foreign sellers may be discouraged from participating in en bloc initiatives due to increased replacement costs, potentially slowing collective sales launches.
Tang suggests mitigating the cooling measures’ impact on collective sales through incentives and initiatives, fostering a healthy property market.
“Introducing incentives to rejuvenate older developments through collective sales can attract both local and foreign investors to engage in redevelopment opportunities,” she stated.
In conclusion, Tang emphasizes Singapore’s commitment to economic growth, stability, and innovation as crucial factors in retaining its appeal as an investment destination for both local and foreign investors.
Of course
medication from mexico pharmacy
https://cmqpharma.com/# purple pharmacy mexico price list
mexican mail order pharmacies
pharmacies in mexico that ship to usa: online mexican pharmacy – mexican mail order pharmacies
https://foruspharma.com/# medication from mexico pharmacy
best online pharmacies in mexico: mexico pharmacies prescription drugs – best online pharmacies in mexico
india pharmacy mail order buy prescription drugs from india indian pharmacy paypal
mexican pharmaceuticals online: buying from online mexican pharmacy – reputable mexican pharmacies online
canadian pharmacy price checker: canadian pharmacy world – canadian family pharmacy
http://foruspharma.com/# best online pharmacies in mexico
indian pharmacy online: indian pharmacy paypal – best india pharmacy
canadian pharmacy king best canadian pharmacy to order from vipps approved canadian online pharmacy
india pharmacy mail order: top 10 pharmacies in india – indian pharmacy online
mexico pharmacy: mexican drugstore online – п»їbest mexican online pharmacies
buy medicines online in india: india pharmacy mail order – online pharmacy india
http://canadapharmast.com/# trustworthy canadian pharmacy
canadianpharmacymeds com canadian pharmacy 365 canadian pharmacies
mexican rx online: best online pharmacies in mexico – buying prescription drugs in mexico online
reliable canadian pharmacy: canadian discount pharmacy – legitimate canadian pharmacies
canada ed drugs: northern pharmacy canada – canadian online pharmacy
canadian family pharmacy: canada drugs online reviews – ordering drugs from canada
how to get generic clomid tablets: can i purchase clomid without rx – get cheap clomid no prescription
https://doxycyclinedelivery.pro/# doxycycline 50 mg generic
п»їpaxlovid: paxlovid price – paxlovid pill
http://amoxildelivery.pro/# where to buy amoxicillin 500mg without prescription
http://clomiddelivery.pro/# get clomid without a prescription
doxycycline 100mg without prescription: buy doxycycline capsules – doxycycline medicine in india
https://amoxildelivery.pro/# amoxicillin without rx
ciprofloxacin generic price: where to buy cipro online – buy cipro online canada
https://amoxildelivery.pro/# prescription for amoxicillin
http://paxloviddelivery.pro/# paxlovid cost without insurance
paxlovid pill: п»їpaxlovid – paxlovid pill
https://ciprodelivery.pro/# ciprofloxacin
https://amoxildelivery.pro/# can we buy amoxcillin 500mg on ebay without prescription
п»їcipro generic: cipro online no prescription in the usa – cipro pharmacy
doxycycline 20 mg coupon: doxycycline india – vibramycin doxycycline
where to buy generic clomid without rx: how to buy generic clomid – where to buy generic clomid without rx