Located off the coast of Malaysia, the Republic of Singapore is one of the busiest commercial hubs in the Malay and Asian region. Still, thanks to an extensive Mass Rapid Transit (MRT) system that covers most parts of this island country, it is relatively easy to move from one region of the country to another. The four official languages of Singapore are Malay, Mandarin, Tamil, and English. In terms of investment opportunities in Singapore, the real estate sector is quite lucrative. Some of the benefits of investing in Singapore’s real estate market include:
Financing Available To Foreigners
Foreign investors can easily access financing to buy properties. Financial institutions can offer up to 80% mortgage finance to foreign investors. However, it is important to note that the terms and conditions of such loans generally vary from one lender to another. Repayment periods for such loans range from 25 to 35 years. Moreover, interest rates in Singapore are quite low and foreign investors do not have to worry about capital gains tax.
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