Hong Kong investors are renewing their interest in Singapore, betting property prices will recover in the second half of this year, according to property consultants.Just 29 homes were sold to Hong Kong buyers in 2018, some 42 per cent fewer than the previous year, after the Singaporean government introduced cooling measures to curb foreign buying demand.The Additional Buyer’s Stamp Duty for foreign buyers was increased to 20 per cent from 15 per cent in July last year, while the loan-to-value…
Source : South China Morning Post
Read more…Hong Kong investors take advantage of a correction in Singapore’s property prices
