{"id":106712,"date":"2019-04-30T12:59:03","date_gmt":"2019-04-30T05:59:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-listed-as-fifth-most-property-obsessed-nation\/"},"modified":"2019-04-30T13:05:25","modified_gmt":"2019-04-30T06:05:25","slug":"singapore-listed-as-fifth-most-property-obsessed-nation","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-listed-as-fifth-most-property-obsessed-nation\/","title":{"rendered":"Singapore Listed As Fifth Most Property-Obsessed Nation"},"content":{"rendered":"


\nA new research by HSBC found that Singaporeans spend over 3.2 hours per week researching properties.
\nSingapore has emerged as the fifth most property-obsessed nation, with its citizens spending over 3.2 hours per week researching properties, revealed a new research from HSBC.
\nMortgage Business reported that HSBC commissioned Toluna to conduct an online survey in 10 different jurisdiction to determine the amount of time adults spend on property research.
\nThe survey showed that United Arab Emirates is the world\u2019s most property-obsessed location, with adults there spending 6.6 hours on property research a week.
\nThis was followed by the USA (4.95 hours per week), Taiwan (4.54 hours), and Mexico (3.56 hours).
\nThe UK and Australia settled in 6th and 7th place, with adults there clocking in 2.65 and 2.51 hours per week, respectively. Canada and France followed as adults in these countries spend 2.08 hours and 1.74 hours per week on property research.
\nThe HSBC research, which polled 11,932 adults over 21 years of age, noted that a \u201cculture of property obsession\u201d across the globe, with adults spending an average of 3.5 hours a week trawling online listings, \u2018window shopping\u2019 for homes and reading property magazines.
\nOverall, the survey found that six percent of respondents were \u201cextreme house hunters\u201d, spending over seven hours on property research per week.
\nMajority of extreme house hunters believe that spending hours on property research per week is beneficial, with 79 percent saying they feel \u201cin control\u201d as home owners and 74 percent feeling \u201crelaxed\u201d on acquiring a property.
\nMeanwhile, 49 percent of this group admit to checking their home\u2019s value monthly.
\nThe survey also revealed that extreme house hunters were \u201cmore likely to delay important life stages\u201d just to save enough for the \u201cperfect home\u201d. Around 19 percent are willing to hold off on having children in order that they could buy property.
\nHowever, the survey also showed that 38 percent of respondents acknowledge that their property purchase decision was \u201cbased purely on their first impressions\u201d and \u201coften impulsive\u201d.
\nHome buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nFiona Ho, Digital Content Manager at PropertyGuru, edited this story. To contact her about this or other stories, email\u00a0fiona@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Singapore Listed As Fifth Most Property-Obsessed Nation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A new research by HSBC found that Singaporeans spend over 3.2 hours per week researching...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106712","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rLa","jetpack-related-posts":[{"id":99768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-remains-the-best-place-for-expats-hsbc-survey\/","url_meta":{"origin":106712,"position":0},"title":"Singapore remains the best place for expats: HSBC survey","date":"October 12, 2018","format":false,"excerpt":"\r Singapore scored highly in terms of family benefits and overall quality of life. 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