Why Invest In Singapore

Reasons to Invest The aspect of growing population and globalization has propelled people worldwide to purchase more land and property for residential purposes. The purchase of luxury residential properties is primarily meant for rental use.

Singapore is one of the most colorful and lively destinations, and with its growing economy and glamour, there are now ample opportunities for investors and homebuyers to look out for the best deals in land and property here. It is not only a land with a vibrant economy and booming businesses, but it also has an equally bright future in the world of travel, glamour and entertainment, making it an equally popular location for generations to come. Regarding G.D.P. (per capita) Singapore is the 18th wealthiest country in the world, and aims to have a population of 6.5 million in the next decade.

Not only does Singapore have the fourth biggest ‘foreign exchange trading center’, at the same time, its economy is very business-friendly. Singapore, being a popular tourist spot, also attracts millions of tourists every year, and gambling is legalized in Singapore now as well. In fact, many companies consider Singapore to be an equally lucrative platform for investments in property and real estate.

The probable reason for this is the simple and affordable rates of taxation imposed by the government in Singapore. Most countries can work out numerous dual tax treaties, coupled with a great incentive of effective human resources. Singapore has also eliminated the Estate Tax, which had continued to operate since the British era. This has made Singapore a prospective region for investing for wealth and construction purposes.

The Esplanade Theatres located along the Bay are buildings situated on 6 hectares land near the Singapore River mouth beside the Marina Bay. This performing arts center is among the various attractions in the city that is a propellant for investing in Singapore. Simultaneously, the Singapore Flyer, featuring a splendid view of the Marina Bay from the sky, is one of the vital attractions in Singapore, as is the annual night Formula 1 Grand Prix held here.

To add to the enjoyment of tourists and the residents in Singapore, the Singaporean government has sanctioned the operation of the twin casinos at Marina Bay, and on Sentosa Resort Island, to add to the tourism industry in Singapore. The Integrated resort and theme park comprises of hotels, restaurants, shopping centers and theaters, museums and theme parks to name but a few.

These will not only attract huge number of tourists, but will also promote employment on a large scale. Not just building residential complexes, but also construction of hotels, business centers, and enjoyment zones has become an attractive investment for numerous investors from all over the world. Singapore not only attracts tourists; it also attracts doctors and scientists worldwide, as it is the Biopolis of Asia. It has the best buildings and facilities to promote medical technology, biotechnology, and healthcare services.

Investments in Singapore are not only related to the tourism and medical industries but also have close links with the academic field as education - Singapore attracts numerous students every year. You can be rest assured before investing in Singapore that the education system here is the result of the efforts of the Singapore Economic Development Board, Singapore Tourism Board, SPRING Singapore, International Enterprise Singapore, and the Ministry of Education.

Singapore is also a popular Medical Tourism hub, with the best doctors and affordable prices. This attracts numerous medical tourists throughout the year. The 6.5m population scale is environmentally safe and sustainable overall. Investing in Singapore is a major perk for investors, as it not only has a strong economy and feasible interest rates but also the fund managers & investors’ activities are in a booming condition currently.

The M.I.C.E (Singapore's meetings, incentive travel, conventions and exhibitions) is an additional incentive for the investors as they attract numerous travelers and tourists. The aspect of further development in Jurong /Kallang / Orchard is one of the potent reasons to invest, as once these places are fully developed, they will not only attract numerous tourists and travelers but also attract people looking for residential areas.

This is definitely an added assurance for the investors intending to bank on the Singapore property market and be a part of this world class city!

Mindy Yong 杨雯诗

CEA Registration Number : R021232Z

Tel: (+65) 91002985
Fax: (+65) 64021826

mindy@mindyyong.com

KF Property Network Pte Ltd
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