China's large capital outflows and add new again
In the past two years, with investment, immigration, such as study abroad to increased demand, overseas home buyers become hot topic. And after Canada, Australia, Singapore also become the Chinese overseas buyers selective hot.
According to cb Richard Ellis group of private ChenJinDao executive director, points out that the real estate foreign nationality personage to Singapore, Indonesia and Malaysia people had a 50% proportion, but nearly 15 months ago, the Chinese people in the proportion of new buys a house has made a larger ascension, accounting for 30% of the foreign community, and become the Singapore a person of extraordinary powers curtilage the first foreign buyers.
It is reported, Singapore, one of the most expensive a person of extraordinary powers curtilage jw marriott's apartment GaoHong by trading development, project in 2008 open quotation has been sold forty percent, there is no lack of among them from mainland China buyers. The project is the most expensive two sets of top double entry door model one set will be from mainland China to 35 million Singapore dollars go buy buyers, $200 million yuan RMB.
According to information, Singapore 80% of the population living in the government provides a group in house, 20% of the wealthiest in living in private houses. Singapore to buy flats have nationality limitation, NFL hats but for private houses is not the nationality of the restrictions, Singapore relaxed investment environment attracted mainland China to real estate buyers.
It is reported, Singapore's private property rights and the 99 points permanent property two kinds, general new development area for 99 years property rights, and li jw marriott apartment in the orchard road, the traditional business prosperous area is a person of extraordinary powers curtilage for permanent property rights. In contrast, permanent property is more buyers favour, for the Chinese mainland buyers is even more so.
to mainland China, many domestic rich choice Singapore home buyers, Singapore is mainly due to the Chinese society, no language barriers, and investment real estate can also be counted as investment immigrant amount. In addition, Singapore and China mainland private property without the advantages, such as Singapore's home sales is covered inside the area, sales area that is real to area, and are fine decoration make a room, to avoid the trouble of decoration, etc. These are all suck gold advantage.
Singapore and China real estate parties shard, China's housing market early-season, Singapore trembling. But because the credit policy priority now, also began to Chinese pressure. In recent years the development regularity and Singapore property market similar China property market. By the financial crisis affect, Singapore's property in the end of 2008 fall to the floor, then bounce, but today the Singapore property market price is still not back to the highest level in 2007.
ChenJinDao said the current real estate market sales average Singapore compared to the 2007 market price, about 10% is still low, so for MLB Jerseys homebuyers, it still is a person of extraordinary powers curtilage the good time investment Singapore.
In addition, at present Singapore purchase policies rather loose, foreign buyers in Singapore also can only pay a twenty percent down, enjoy 80% of the loans, credit policy support, purchase threshold greatly reduced, and lending rates are low, is only 0.8%. And Singapore's rent is high and the rent rate of return is about 2.5%-3%, buy a person of extraordinary powers curtilage used to rent investment also cheaper.
However, it is worth noting that, in the face of strong foreign buyers purchase demand, the Singapore government also launched timely a series of policies, restrain investment ChaoFang, avoid prices rose too fast. If the first year of the purchased trading, to pay 16% of the tax, and then decrease 4%, to the fifth tax.
According to understand, because the Chinese mainland buyers the purchasing power of the strong, the developer such as far east international, Singapore, Kate GaoHong also bullish on the Chinese market, began to sell China a person of extraordinary powers curtilage, key to Beijing, Shanghai, guangzhou such a city plute people promotion.
China's large capital kept outflows, especially by the influence of the make policy, because of the limited domestic rich domestic buys a house, and a large photo with foreign buy a house. And Singapore is mainly due to the Chinese society, not the language barrier, and loose immigration policy and credit policy, especially attracted Chinese buyers to home buyers. And he is also China's large capital outflow evidence.
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In : business