{"id":22584,"date":"2016-08-11T09:30:31","date_gmt":"2016-08-11T02:30:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/4-reasons-why-indonesians-invest-in-singapore\/"},"modified":"2016-08-11T12:57:28","modified_gmt":"2016-08-11T05:57:28","slug":"4-reasons-why-indonesians-invest-in-singapore","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/4-reasons-why-indonesians-invest-in-singapore\/","title":{"rendered":"4 reasons why Indonesians invest in Singapore"},"content":{"rendered":"<p>&#013;<br \/>\nMany buyers of the Cairnhill Nine development in the Orchard area are Indonesians. (Photo: CapitaLand)<br \/>\nWealthy Indonesians have long had an interest in collecting residential properties in Singapore.<br \/>\nIn 2014, Indonesia accounted for 24 percent of Singapore\u2019s property purchases, and while foreign investments in general slowed last year, including those from Indonesia, the city-state remains in favour.<br \/>\nWhile the full pros and cons list for investing is more complex, here are the four main reasons according to Global Indonesian Voices for why Indonesians today are choosing Singapore as a place to plant their money:<br \/>\n1. As a sound investment<br \/>\nAs a buy-to-let market, Singapore is reliably strong.<br \/>\nWith a significant international population and limited land area, generally speaking it\u2019s not difficult to find people looking to rent a flat or a condominium, and landlords can expect to make handsome returns.<br \/>\n2. For the quality of life<br \/>\nIn terms of the high-level of amenities, Indonesian cities can\u2019t stand up when compared with Singapore.<br \/>\nIndonesians may look to buy a property in Singapore for their own use in order to make use of the world-class education, healthcare, public infrastructure, cleanliness and safety.<br \/>\n3. The memory of the 1998 tragedy<br \/>\nSadly enough, anti-Chinese sentiment is still felt in Indonesia.<br \/>\nGlobal Indonesian Voices feels that fear of another massacre is a driving point for buyers of Chinese descent investing in a property in Singapore.<br \/>\n4. Ease of purchase<br \/>\nIndonesians find fewer barriers to buying property in Singapore than their home country.<br \/>\nSingapore boasts a low mortgage interest rate of two percent (in Indonesia it\u2019s 12 percent). There is a generous mortgage repayment of 30 years; double that of Indonesia.<br \/>\nSingapore is also reliable in terms of projects being completed on time, as construction delays will be met with a fine to the developer from the Singapore government.<br \/>\n\u00a0<br \/>\nThis story was originally published on\u00a0property-report.com\u00a0and is reproduced as part of an editorial partnership between\u00a0PropertyGuru.com\u00a0and Property Report.&#013;<br \/>\n&#013;<br \/>\nSource : proppertyguru.com.sg\/Property Market&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.propertyguru.com.sg\/property-management-news\/2016\/8\/132828\/4-reasons-why-indonesians-invest-in-singapore\" target=\"_blank\">4 reasons why Indonesians invest in Singapore<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Many buyers of the Cairnhill Nine development in the Orchard area are Indonesians. (Photo: CapitaLand)&#46;&#46;&#46;<\/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-22584","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\/p75ss1-5Sg","jetpack-related-posts":[{"id":22506,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/four-reasons-why-indonesians-invest-in-singapore\/","url_meta":{"origin":22584,"position":0},"title":"Four reasons why Indonesians invest in Singapore","date":"August 10, 2016","format":false,"excerpt":"\r Singapore has long been popular with Indonesian investors. Robertson Blue Condominium along Singapore River. Image credit: commons.wikimedia Wealthy Indonesians have long had an interest in collecting real estate in neighboring Singapore. In 2014, Indonesia accounted for 24 percent of Singapore\u2019s property purchases, and while foreign investments in general slowed\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-indonesians-buying-luxury-singapore-real-estate\/","url_meta":{"origin":22584,"position":1},"title":"More Indonesians buying luxury Singapore real estate","date":"September 14, 2016","format":false,"excerpt":"\r Indonesians have already bought 30 properties in Singapore valued at USD5 million or more this year, up from just eight for the whole of 2015, data shows Singapore skyline. beboy\/Shutterstock The number of Indonesian nationals purchasing luxury homes in Singapore has nearly quadrupled from last year\u2019s total, reported Bloomberg.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25901,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-indonesians-buying-up-singapore-property\/","url_meta":{"origin":22584,"position":2},"title":"More Indonesians buying up Singapore property","date":"September 13, 2016","format":false,"excerpt":"\r Indonesians have already bought 30 properties in Singapore valued at $5 million or more this year, up from just eight for the whole of 2015, data shows. \u00a0 The number of Indonesian nationals purchasing luxury homes in Singapore has nearly quadrupled from last year\u2019s total, reported Bloomberg. Data from\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27891,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-market-unaffected-by-indonesian-tax-amnesty\/","url_meta":{"origin":22584,"position":3},"title":"Singapore home market unaffected by Indonesian tax amnesty","date":"September 30, 2016","format":false,"excerpt":"\r Indonesian property holdings in Singapore have seen lower than expected\u00a0liquidation since the introduction of the TAS. The implementation of the Tax Amnesty Scheme (TAS) in Indonesia has not had any material impact on Singapore\u2019s residential segment, said Credit Suisse in a report. Credit Suisse noted that Indonesians have historically\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28767,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-market-unaffected-by-indonesian-tax-amnesty-2\/","url_meta":{"origin":22584,"position":4},"title":"Singapore home market unaffected by Indonesian tax amnesty","date":"October 6, 2016","format":false,"excerpt":"\r Lower than expected liquidation since the introduction of the tax amnesty program The implementation of the Tax Amnesty Scheme (TAS) in Indonesia has not had any material impact on Singapore\u2019s residential segment, said Credit Suisse in a report. Credit Suisse noted that Indonesians have historically been amongst the largest\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36534,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-foreigners-buying-homes-in-singapore\/","url_meta":{"origin":22584,"position":5},"title":"More foreigners buying homes in Singapore","date":"November 30, 2016","format":false,"excerpt":"\r JLL recorded an increase in foreigners buying private homes in Singapore. Singapore\u2019s private residential market attracted even more foreign buyers during the first nine months of this year (9M 2016), according to the latest report from property consultancy JLL. In 9M 2016, foreigners \u2014 excluding PRs (permanent residents) \u2014\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/22584"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=22584"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/22584\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=22584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=22584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=22584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}