3 factors why Singaporeans are drawn to UK properties

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3 factors why Singaporeans are drawn to UK properties
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pstrongA global tourism adviser named London as the world’s best city, making it more attractive to buyers worldwide./strong/p pPent-up demand brought about by closed borders has pushed Singaporeans to venture into purchasing assets in global real estate markets, especially in the UK and the US, said Sotheby’s International Realty UK.

A global tourism adviser named London as the world’s best city, making it more attractive to buyers worldwide.

A second reason, said Che, is that the UK is home to a “wide range of world-class schools and universities.” “Having been measured against 100 other destinations across the globe, London placed first for the seventh year running, making it more attractive to international buyers,” said Che. Sotheby’s Che said smaller investors tend to invest for buy-to-rent purposes, whilst high-net-worth individuals focus more on long-term revenue. According to the Monetary Authority of Singapore, an individual investor has net personal assets exceeding in value the minimum amount of $2m.

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