Why real estate investors are flocking to Singapore | CNBC Reports

[@yanishuet8944]

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[@steveklein6715]

I agree with you 💯... I had a senior colleague at work who was doing well but never had an investment. Unfortunately he lost his job and went from living a comfortable life to hardship. There would had been something to fall back on if he had an investment

[@lawsonsean8287]

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[@evanlegoff3364]

For anyone building for posterity I think crypto is the next gold but the problem is scammers are everywhere.

[@melissapaula8043]

At the crucial time, telling anyone about crypto currency trading isn't financial advice by all factors. It is life advice

[@jeffreywright5718]

crypto trading is about the best investment with a life time guarantee at the moment that's doing incredibly well. Every sensible person should be able to take advantage of it and grow wealth

[@AAGRealEstateTechPro]

Very insightful sharing! Thank you for featuring Singapore properties!

[@mokhtaramran7041]

oh no...

[@babihutan96]

sadly malaysia is not on the list =(

[@wave9303]

come on .... do a video on poor people in sg , it is not a heaven anymore

[@Meridaytulum]

Hong Kong is currently unstable, thus Singapore benefited from this

[@ridumrai6919]

@Uvuvwevwevwe Osas There are more than one political party in Singapore. In fact there are 9 parties. It's just that the current party has been doing such a good job that the people of Singapore keep re-electing it.

[@RAM-km8bx]

@Uvuvwevwevwe Osas haha western crap media biased reporting And you believe them 😂😂😂

[@ridumrai6919]

@Uvuvwevwevwe Osas Singapore is not a one-party state. A one-party state means that there is only one political party in that country and formation of other political parties are condemned. Singapore is also not a country run by dictatorship. A dictator is a ruler with total power over a country, typically one who has obtained control by force. If you have even read a single thing about how the Singapore parliament works or operates, you know that there measures taken place to prevent the prime minister from having too much power and turning into a dictator. Singaporeans are also not 'living in hell' like you say, they have one of the best standards of living and rank one of the highest on many human indicators such as HDI and GDP per Capita.

[@prometheus7387]

@Uvuvwevwevwe Osas Tbh the Lee family is gradually shifting away from politics. It's likely Lee Hsien Loong will be the last Lee to lead the party. Also not to forget the in-betweener Goh Chock Tong who is not in the Lee family.

[@prometheus7387]

@Uvuvwevwevwe Osas And also North Korea and China have elections where state-approved candidates run. In Singapore, anyone can.

[@rainmaker704]

I just wanna go to Singapore for the cool looking airport lol.

[@Maxwell1989]

Me too

[@KalpeshSampat]

I agree, But come to dubai s and have a look too. Ours is not too shabby either, and the BUSIEST in the World. But of course Changi has no comparison.

[@prometheus7387]

We welcome you :)

yeah even i will visit this beautiful country soon

[@share_accidental]

have fun in singapore once covid-19 is over!

[@mukoroelohor6722]

Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange service that elevate investors and their financial status.

[@chrisanston9175]

That is true most people today have been having a lot of failure in forex and crypto trading because of poor orientation and bad expert

[@walterkaminski4861]

You do not make money on forex or crypto by holding your coins in your hands rather you trade to make gains

[@nelsonsandra2176]

@Walter Kaminski absolutely right ma'am

[@nelsonsandra2176]

Forex trading made me whom i am today financially without any stress and complications

[@chrisnath7660]

It is obviously bad for someone to remain poor after having a great opportunity being leveid on them

[@ryantrading4702]

I bet many of those foreigners who are buying in Singapore are Chinese

[@kageyamareijikun]

ryan trading mainland Chinese. Maybe some Hong Kongers fleeing Hong Kong.

[@xmuta]

ryan trading - or yellow fevered white guys

[@vinsokukan1879]

Not true. All people are getting in on the Singapore market. I have a closing on a property soon. This Singapore "boom" has been on the rise for a while if you guys frequent many international real estate forums.

[@deezeed2817]

Singapore is a brothel for the rich

[@secularismispaganism7275]

The yellow flat face are soulless the island looks nice from outside but inside it arrogant with his Mercedes HATES the poor and loves the paper God

[@marialeonor7822]

THE RICH STAY RICH BY SPENDING LIKE THE POOR AND INVESTING WITHOUT STOPPING THEN THE POOR STAY POOR BY SPENDING LIKE THE RICH YET NOT INVESTING LIKE THE RICH.

[@anapedro7597]

You're right ma,

[@anapedro7597]

That is why I had to start forex trading 2months ago and now am making benefits from it.

[@joanamiguel244]

Thanks for introducing me to Mr Jackson Williams.

[@joanamiguel244]

My first investment with Mr Jackson Williams gave me profit of over $44,000 Us dollars

[@ritaricardo7419]

Natural, there’s a lot of math involved in forex trading,

[@kenyup5424]

Singapore is the most fiercely competitor of Hong Kong

[@mgproperties2957]

Exactly

[@fivegoldstar6811]

Just throw out the poor Singaporean for more space and take in more rich foreigners. That how Singapore can develop more.

[@WorldAquariumSingapore]

Cheers watching this vid in 2023 Feb26 anyone else?

[@rickyho788]

Singapore is 10x more better than Malaysia.

[@ashvoj]

How so? Both are hot and humid like an oven

[@JamieCYW]

I can hear glass hearted Malaysian shattered

[@Gindaman999]

30

[@withoonk180]

50×2÷1

[@sinnappanpablo]

Yeah if you want to live in a concrete jungle... Trapped in a small island. Malaysia has much better quality of life.... Maybe you can work in a Sg for the currency.. But live like a King in Malaysia..

[@sandeepsampath1985]

Lived here for 7 years. Companies needing IT and upper management talent are looking away from Singapore due to the government cutting down on foreign worker visas

[@kageyamareijikun]

sandeep sampath feel free to go to America.

[@fooksengloke3625]

sandeep sampath Why? Couldn’t find a job here?

[@teogeorge3987]

ask them not to come to drive up singapore properties like HK... i dont want live in mickey mouse apartments. u are not welcome!

[@SandStormXII]

😂

[@MubashirullahD]

Understandable. You'd profit if you have property.

[@celinetan4916]

Muhammad Durrani u need money to have property jeez

[@jascrandom9855]

Hong Kong is so expensive because the Government restricts the building of new buildings. As long as Singapore doesn't do that, everything going to be fine.

[@avayu2289]

I would not want to live there. Visited the humid claustrophobic swamp full of buildings a few years back and find these promos ridiculous!

[@kageyamareijikun]

Ava Yu too many foreigners make the tiny island a clusterf***

[@streetjazzdanza]

Agreed 💯

[@NC000C]

@@streetjazzdanza get lost, who needs you!

[@zhangyong5711]

Hello how are you doing?

[@hanzz9083]

Wealth gap will be increased a lot in SG cus of this

[@aquareon2347]

yeah and I'm already surviving on $2 a day for lunch in school

[@hanzz9083]

@@aquareon2347 what can i get with school canteen with SG$2?

[@aquareon2347]

@@hanzz9083 milo packet

[@dansanger5340]

Don't do it, Singapore! Real estate speculation helps only a handful of people at the top. Everyone else loses, big time. So many cities across the world have been ruined because of this crap. Pass laws to keep real estate speculators out.

[@rayh.3478]

love Singapore! economy is strong, the place is beautiful with the best airport in the world!

[@uchibauki2515]

Very sad for people in singapore because mostly they cannot afford high cost living because more rich investors make the property more expensive!!!

[@Gindaman999]

Very sad for average Singaporeans of whom 80% living in public housing, the highest numbers of ALL countries. Lol

[@kageyamareijikun]

Uchiba Uki Singapore only good for the foreign talents..oops i mean trash

[@cccPaKYccc]

@@kageyamareijikun ???

[@blackpantatatpp8046]

I mean that holds true for every developed city, at least an average singaporean can buy HDB(public housing) which honestly looks better than most private housing around the world. Sure, private housing has the bells and whistles, but they're provide little marginal benefit. Also, some Singaporeans rent their HDBs and buy a condominium and use the rental income to finance both, while some buy houses in Malaysia or Australia.

[@subscribeofficial7134]

@@blackpantatatpp8046 living in tiny coffin hdb

[@himanshushekhar6837]

Why other country don't learn from Singapore a country developed in just one generation even America and Japan were not able to do this

[@Gindaman999]

Why don’t you learn from Bill Gates he dropped out of the college to become a billionaire

[@kageyamareijikun]

Himanshu Shekhar Japan doesnt want half their country filled with dirty foreigners gaijin like Singapore. America is too proud and only care about guns.

[@rodneymarkestrella6639]

Singapore is so small so its very easy to manage

[@otomackena7610]

Singapore is a small city state unlike Japan,US etc... with small population so it is easy not to mention it has lot of things going for it like It lies in the Malacca Strait so a bustling sea port from British era, a country that lies between lot of economic activity of the century like ASEAN,China,India ... so it all works out. Of Course all this would have been waste if it never had leaders like LKY and a good system.

[@kageyamareijikun]

Marvin Ha Japan for Japanese only. Singapore for Singaporeans. The rest get out

[@djj2564]

And this is glorified? What about the local people? They will not be able to afford property in their own back yard and will have to move..

[@yeetorbeyeeted828]

LB J we don’t even have backyards we only have a small ass apartment

[@hanscumyeah4216]

This is pretty much an ad, you know s'pore economy just move 0,8% this year, they need the money.

[@Gindaman999]

Just because foreign investors poured in, it does not automatically mean higher prices for housing. Most Singaporeans live in HDB which is not an accessible market for foreigners. Maybe try some logics before blaming foreigners

[@kageyamareijikun]

LB J Immigration is a cancer worldwide. Japan is wise.

[@bowlampar]

Highest return on their property investment $$$ among all countries. So many flocked over here. 🤒🤒

[@fcukingsginvain1746]

TRUST NOT THIS FAKE NEWS... LOOK AT HIGH END PROPERTY IN PULAU BELAKANG MATI OR BACKSIDE DIE ISLAND (TODAY IT'S CALLED SENTOSA)... BIG PLAYERS AND INVESTORS R LOSING MONEY WAHAHHAHAHHAHHAHAHAAHA

[@aliali-ce3yf]

Singapore seems like a nice place to live - but the real estate investment sounds like a bubble.

[@fooksengloke3625]

ali ali Has been under cooling measures for almost a decade. So do you think the bubble is larger here or somewhere else?

[@caver38]

SIngapores property market only has one way , and that is down as it is already too expensive

[@Joseph-rx1do]

As a trader and crypto enthusiast I can confidently say that Bitcoin is one of the best things to ever happen. Best time to invest.

[@Joseph-rx1do]

Yes you can buy bitcoin.... it’s never too late even with price of it now.

[@Joseph-rx1do]

Don’t underestimate the powers of these videos.. I mean “KZbin VIDEOS “. But still people forget these videos are not offerings, recommendations, solicitation of an offer to buy or sell the securities mentioned or discussed, and it’s to be used for informational purposes only.

[@lovett4262]

Crypto is where money resides😋😋

[@Joseph-rx1do]

@Rodrigo Valaquez Best piece of advice consume a lot of educational materials on crypto get hep from a pro.

[@Michael-gd8xj]

Or you can simply just buy and hold, of you have experience in trading crypto you can do that to increase your crypto assets and portfolio.

[@ealicer81]

And what would be the result of this? Property bubble. Who will be greatly affected by this? The local whom is now suffering from high cost of living.

[@chillnight7395]

What about the local?? You all really giving up the property to foreigners???

[@kageyamareijikun]

Chill Night Singapore government only cares about their beloved foreign pets. So unlike Japan government which is the direct opposite.

[@ceciLOVEtaco]

@@kageyamareijikun Japanese care about their ENVIRONMENT/CULTURE more than $$$. Import foreign cheap labor from China/Bangladesh/Cambodia ....lowers the corporation labor costs .....Cut riches' taxes bring riches in ..... WHO DOESN'T KNOW ABOUT THAT ???? You don't need a Ph.D to know that .

[@solonepeon5805]

11mln?!.....Ok I will be right back... Taxi!!!!

[@Atem_S.]

Sentosa Cove for me!! Am a water dog, I need that ocean view!

[@Jasuta123]

Property expensive but for who ? Not for real working people ... the apartment sit there empty ..

[@khofou1182]

Hello How can I connect with you Thanks

[@Andree94]

A lot of general commentary but no details on investment metrics. I would have liked to hear commentary on yields for each different asset class and how they compare to other major cities in Asia or even compared to Australia. I would have thought yields would be something at least worth noting when it comes to property investment.

[@one-stopnewhomes3789]

It can be a challenging career as a realtor in Singapore. We need to be consistent and persistent.

[@kenyup5424]

It’s way more difficult to open a bank account for foreigners in Singapore though(except you’re a working or student visa holder,the bank will approval you to open bank account)how do foreigners invest a property of Singapore without Singaporean bank account,it’s kind of ridiculous

[@vbrotherita]

By personal experience, I can tell it's definitely possible to open a bank account as a foreigner in Singapore, the issues are having the money and the connections to do it.

[@vbrotherita]

@m Appreciate the comment but again, it's not that difficult to do and hardly an obstacle if you're willing to invest in real estate there.

[@Gindaman999]

Sorry if Singapore has regulations, as it should just open up the country and let everyone takes advantage of the market. Lol 😂

[@kageyamareijikun]

It's not hard if you are a famous and rich foreigner. Like do you have a few billion dollars?

[@ceciLOVEtaco]

You are NOT RICH ENOUGH. If you are , the government will send officers to you and give you citizenship & of course all banks will be lining up in front of your house to offer you all kinds of services . wherever you are , whenever you request ! Even though you may not be THAT RICH , but as I know ( if I remember correctly ), if your have more than around 300,000 SGD in your bank for ex in Citibank or DBS (in another country ), you can basically do any operation in S'pore.

[@Wan-ft4xg]

people coming in people going out..

[@dota2loyalist971]

Simple peace and no war😂

[@n3gi_]

Doesn't Singapore run out of space?

[@tkb5119]

Arian Orange the sky is the limit

[@avengerdarkness8402]

yeap thats why we have smaller home units now for public housing :)

[@RAM-km8bx]

Buliding cities underground and floating cities on water

[@hydrolancer5626]

They always expand the land by reclamation

[@kageyamareijikun]

Arian Orange Yes so foreigners should stop coming. And all go home

[@justrk3980]

This is what the world think about HongKong 20 years ago

[@dota2loyalist971]

That day has passed😂 no more hk only china😂 and china always look for trouble..

[@fooksengloke3625]

Red Bunny If you want to find out which city will be the Hong Kong of today, look towards London. Li Ka Shing is there.

[@khanyisaqhuba6659]

im in africa and i will buy a property in singapore

[@Stoneface_]

Khanyisa qhuba that’s great.

[@Stoneface_]

Khanyisa qhuba what country you’re from?

[@iamthanos554]

@@Stoneface_ Uganda or Kenya, I'm nigerian tho

[@Zoro3-3]

This is foolish. Focus on building in Africa, focus on creating opportunities that the govt isn’t and watch the investments pour in. Africa is RICH, if the people with money came together and built it without relying on the governments, African can/will thrive

[@purplefabian]

K C investing in Africa is risky, political instability

[@bradzillabrave6856]

If only they would drop their bigoted anti-gay policies...

[@alenpaul2523]

No k off

[@twist777hz]

Ian Bradley And why would they want to do that?

[@bradzillabrave6856]

@@twist777hz Because their policies are oppressive, and not reflective of a civilized society.

[@mrmeseeks8790]

@@bradzillabrave6856 Gays should be given equal rights and opportunities, but promoting LGBT makes no sense. We humans are heterosexual. This is nature's design. There is no point in defying it. PR stunts only benefit cosmetic surgery industry, and anti- establishment sold out media outlets.

[@bradzillabrave6856]

DreadPirateRobert _ Wow,. Basically everything you just said is wrong.

[@sebastianmemphis283]

"no corruption" is very impressive.

[@cd4641]

I don't think Indians can buy property except for the reason they are Singaporeans

[@ceciLOVEtaco]

They can . Private developer's properties . & obviously when private properties are inflated , so will be HDB flats .

[@ashvoj]

Too hot and humid

[@jwiggins5100]

There's a story immediately after this saying Singapore cant sell apartments fast enough... so which one is it.... investors are flocking or too many units?

[@nulnoh219]

Those are public housing, which have a limited pool of people legally able to buy therefore demand is limited while there is an oversupply. This is because the gov limited the number of PR approvals due to popular pressure. Then there are investment properties that foreigners can buy, those have limited supply with increasing demand. The gov then tries to cool these by introducing stamp duties.

[@juvezhang1715]

Too many united with less of investors worldwide same condition

[@ekananda9591]

I see many asian jewish here

[@joshtep6784]

No just straight Asian.

[@BossChronicles]

Too expensive

[@rednola9892]

one of my client's billing addresses is in Sentosa and i looked up his address and it is 20M usd for a small condo. This explains a lot. Also that is is an accounting executive for a top data company lol

[@harveybell4283]

yea investing in singapore made me add much 0's to my account, all thanks to Mary Freed Lorenz who God used and still using, my next investment is going to switzerland

[@Iendleasereit]

Or can invest in Lendlease Reit (JYEU) (the one that owns Somerset313). Can get passive income of 6.1 percent of your capital per year from dividends, at their current price of 0.775 They will be building a new mall beside H&M building in Orchard, just opposite bens and jerries and marchè - which means more dividends from the new revenue stream. The indie cinema The Projector will also be located there in 2022 They just IPO 3 months before covid, so price is discounted now thanks to covid.

[@thisistotallyfine]

Nice! Please go to Singapore and let the HK property market drop!

[@magicstarfish]

we hope HK property can drop by 50% at least, even 50% drop is still toooooo expensive

[@thisistotallyfine]

Steve Chong Yea not gonna happen. You’d be lucky if it falls 20% max

[@danialsalehin1519]

Wait hold up. Aren’t you Shima from Anak Metropolitan? 😅

[@NicholasPeters1]

I find it interesting that it seems like all those residential properties are for rich people - no urban market or anyone poor or needing affordable housing and I hope Singapore keeps it that way. I could be wrong but based on the video it seems like Singapore seems like a place for rich people. I would much rather see rich people involved in ANY AREA and invest in the areas to make it better quality of life, less pollution, more maintained rather than put another urban shitty, think it's cool, low class, uneducated set of people there. I live in an urban area (NYC) but I see how much I would like to see things better in urban areas but glad Singapore is seemingly growing and doing well. Hopefully the political ties stay well and keep things okay.

[@narutofire332]

Who else is here for Melvin?

[@hazelnuts23]

It will be harder to buy properties in Singapore then!

[@thezebraherd8275]

Bruh the property prices will probably hit a peak in not to long

[@bhatkrishnakishor]

I see PwC and think what's the scam.

[@재든]

singapore is #1 because the country is very strict... so many rules and penalties if you disobey it... i mean being strict is a good thing but also a bad thing on some cases...

[@willb9159]

Because the PM came 1st in his year at Cambridge Uni. He’s a pure, absolute genius!!

[@habibainunsyifaf6463]

Current PM?

[@djtan3313]

Habib Ainun Syifa Fadhurrohman ; Yes. And his dad too.

[@willb9159]

@@habibainunsyifaf6463 yeah, have a look

[@YokNg]

@@willb9159 we idolise his father. the current PM is nothing but a mere shadow of how legendary his father was. our country is entering a decline.

[@fooksengloke3625]

DJ Tan His dad lost to his mother.

[@MetaView7]

Sg English is very difficult to understand.

[@fooksengloke3625]

MetaView7 Then learn Singlish.

[@MetaView7]

@@fooksengloke3625 If you make sense, I am sure a lot of people would understand you.

[@Stoneface_]

MetaView7 I’m American and I understand them very clear😉

[@kimora9088]

I’m half Jewish and half Chinese

[@mrmeseeks8790]

You are altogether a different type of legend. 😀

[@Stoneface_]

Kimora cool. You dad is Jewish and mom Chinese?

[@brendanmccreanor1191]

Can’t understand why. The value and returns are in Australia

[@saikiajoydeep15]

😍 👏 👏

[@INSANEDOMINANCE]

Thank you for all of this info!

[@tonymiller1200]

Hello i am Tony Miller,i am a foreign investor,i would like to come and invest in your state,but since i do not know anywhere,i would like any-one to show me around and as well tells me what to invest in.i will be waiting to hear from you there,some percentage would be given to you as well.or take it through my private email address as [e-mail]

[@GMSpkilla]

earth3? Read the description

[@yeetorbeyeeted828]

Singapore will be the next Hong kong

[@fooksengloke3625]

Yeet or be Yeeted I hope not. Never like Hong Kong.

[@Anonymous-li6py]

Hong Kong beat Singapore in every aspect previously but is now ruined by the CCP

[@fooksengloke3625]

YH CHUNG Don’t bullshit. The CCP has nothing to do with it. In fact, the problem is they have left Hong Kong for much too long and it has gone to the dogs which are there to feed on the people.

[@Drmicky141]

Not a good idea in the long term, as China's massive investment in Malaysia and Thailand will sideline Singapore sooner or later.

[@vinsokukan1879]

Malaysia is next but Singapore still has its plus side & the views make people say "hey,this fits their personality'

[@nict5828]

Singapore is really expensive . I would flock to Vietnam

[@fooksengloke3625]

Nic T And live like a Vietcong.

[@nict5828]

@@fooksengloke3625 F... the VC.but love Vietnam

[@prometheus7387]

Understand. It's a matter of choice. Go where your heart and analysis takes you :)

[@nict5828]

@@prometheus7387 Understand, Do it .while your still single and no responsible.

[@ericklmy]

I thought you would be featuring more commercial properties. What about REITS?

[@fooksengloke3625]

Eric Wong Property agents don’t sell REITS.

[@yingyongarchongka1126]

What about water supply.

[@amiitaharbasi7482]

Tokyo Japan is best

[@860623496517]

I thought investor go to Shenzen. Its more strategic bussiness than Singapore.

[@JamieLannyster]

Peluang Ke-2 70 year lease and not a foreign friendly country

[@cha-chabcict4228]

I prefer USA

[@andyyinni7451]

Singapore 🇸🇬 too small, you can’t build anymore no more land. 278.6 mi where can you build it ? I rather invest in Shanghai.

[@buddyman8474]

Without investors Singapore ends

[@fooksengloke3625]

buddy man Singapore’s FDI is 50% of the whole of ASEAN, larger than India’s and a quarter of China’s.

[@33tyouhk]

Only Chinese. A city is so superficial & so are the people

[@Lando0o0o0o0o0o]

1st

[@Stoneface_]

Lionel McCrory congratulations 🎊

[@DanBurgaud]

Smart money pulling out of HK and into SG!

[@vanessawade5167]

ariana grande

[@danielsckarin574]

Who is capable to buy a house for 11M?

[@lotto5742]

Me.

[@kageyamareijikun]

Daniel Sckarin James Dyson bought a penthouse for 70M and a bungalow for 45M.

[@fooksengloke3625]

Daniel Sckarin Not that many that kind of houses.

[@juvezhang1715]

Many corruptors can.money laundry

[@true_the_lens]

Sure! Companies love a 'sterile' environment..

[@abby131]

[@tqdinh2]

Sky high owner baby

[@francoluissotomayor3123]

Singapore is a beacon of freedom and capitalism in the region and entire hemisphere

[@nishchaysrivastava6251]

franco luis sotomayor what about South Korea, Japan, India.

[@edwink1467]

Singapore and freedom? Lol you don’t know Singapore at all.

[@peterlee6148]

@@nishchaysrivastava6251 too many red tape for foreigners.

[@nishchaysrivastava6251]

Peter Lee it’s to make sure local business are not affected, if you ask me it’s a good decision by the goby

[@fooksengloke3625]

Petr Lee The red tape here is nothing compared to elsewhere which probably takes longer to maneuver. In some other places, only some properties are available to foreigners to buy but they sell, they have to sell it to locals which is a much smaller market making them lose a lot of money when they clear out.

[@treplay8846]

Ruled by a dictator

[@WallStreetIceCream]

the market will bust

[@thelogician1934]

Who will buy in a country where u need a visa to visit? Ridiculous.

[@fooksengloke3625]

David Xu If you have a passport that needs a visa to visit even an international city, then you might as well stay at home.

[@thelogician1934]

@@fooksengloke3625 bullshit. At most you can stay a few days without visa. What about after a few days?

[@tombomombodombo]

I thought Vancouver, San Fran, or New York was the most expensive cities?

[@特朗普见]

nah. Hongkong house price is the most expensive. Vancouver is nothing compare to Hongkong lol

[@ceciLOVEtaco]

Of course no . HK is the worst , 1 unit of PUBLIC one room 300 square feet ( an unit in a huge apartment OK , not a landed house ) costs you 1 million SGD above that's around 700,000 USD above ( & it's PUBLIC Housing ,meaning , the quality ,facility & design are not as nice as those fm private developers) . Together with Beijing , Shanghai , Shenzhen & Taipei . Basically , the worst asset bubbles are mostly created by Chinese , especially PRC Chinese .

[@fooksengloke3625]

ceciLOVEtaco Actually the high property prices in Chinese cities are brought over when Hong Kong developers started to build properties in Chinese cities and charge high prices. In Hong Kong, the richest property developer would dominate all auctions of land and since it had the monopoly of a particular part of the city, it controlled the selling price.

[@zevinia]

Bye bye Hong Kong and HELLO Singapore 🥰🥰🥰

[@tree1291]

good video

[@johnnyeatworld]

Besides lower interest rates, alot of the investment outflows from Hong Kong to Singapore are due to the recent ploticial instability and rioting in Hong Komg. China has prioritized HK due to 10 megacities in their country that are growing faster than HK siunce the British handover.

[@jackblack5962]

They actually censored what Jim Rogers said, only showing part of it. Rogers has said in an interview that Sg is going to have problem as China Belt and Road start to take off as it bypass the Malacca strait

[@fckingsg5638]

ONE THING FOR SURE!!!! MONEY LAUNDERING WAHAHAHAHAHHA

[@banestock]

Scarcity in one word!

[@gparamaeswary7276]

There is big supply in the mass market.

[@TheBobodrink]

Does CNBC not know the Singapore government is regulating housing prices? It will never go up as much as Hong Kong due to geopolitics. Once housing market goes up there will put a 10% capital gains tax.

[@yipengng1499]

not forgetting strong and stable currency making it suitable for foreign investors without risk of losing your forex rate

[@luxushauseragency]

If you are part of the flock, then you're too late.