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15 hours ago, Showster said:

These people first buy businesses, assets and commercial properties first. And very high value purchases if they indeed buy residential.
 

Then there is the secondary resale market that is not covered by this set of stats.

Sorry in this digital era, I only believe in data, not imagination or any prediction. If you have, please show me the stats on percentage of foreign buyers on commercial properties.

Edited by Roh96
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14 hours ago, Showster said:

If you relocate to a country, won’t you rent first?

if you buy, won’t you buy resale instead of new?

Perhaps only working class group will do the above. Millionaires seldom rent, they will hunt and buy straight, not for stay but for pure investment. You really think this group will want to come here and work? Do you think it is easy to get work permit to work here?   

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3 hours ago, Roh96 said:

Perhaps only working class group will do the above. Millionaires seldom rent, they will hunt and buy straight, not for stay but for pure investment. You really think this group will want to come here and work? Do you think it is easy to get work permit to work here?   

That’s why you should also look at the second question. They would buy resales.

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3 hours ago, Roh96 said:

Sorry in this digital era, I only believe in data, not imagination or any prediction. If you have, please show me the stats on percentage of foreign buyers on commercial properties.

The last person who told me he only believes in data has happily bought into Visioncrest and is doing so well now.

There is no direct stats but lots of indicator stats (refer to stamp duties for example, rental stats etc) amongst other news you can find online.

Just post one article for your education:

https://www.99.co/blog/singapore/are-hong-kong-investors-buying-singapore-properties-or-not/ 

 

Edited by Showster
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44 minutes ago, Showster said:

That’s why you should also look at the second question. They would buy resales.

 Ok since you say resale, let's look at the resale transaction volume. A simple online search and I found these. Where are the buyers?

https://www.propertyguru.com.sg/property-management-news/2019/12/185190/real-estate-investment-volume-in-singapore-drops-31-8-in-2019

https://www.propertyguru.com.sg/property-management-news/2019/7/182014/resale-transactions-of-private-homes-drop-50-in-q2

 

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1 hour ago, Showster said:

The last person who told me he only believes in data has happily bought into Visioncrest and is doing so well now.

There is no direct stats but lots of indicator stats (refer to stamp duties for example, rental stats etc) amongst other news you can find online.

Just post one article for your education:

https://www.99.co/blog/singapore/are-hong-kong-investors-buying-singapore-properties-or-not/ 

 

Thank you very much. A 5 month old blog written by some unknown person is meaningless to me. Let's not go round and round. To me very simple, I don't believe buyers from HK or China are coming into Spore as what analysts have predicted or imagine, at least not till I see from the stats with my own eyes. I don't have to convince you, you are entitled to your own view.

 

 

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1 hour ago, Roh96 said:

Thank you very much. A 5 month old blog written by some unknown person is meaningless to me. Let's not go round and round. To me very simple, I don't believe buyers from HK or China are coming into Spore as what analysts have predicted or imagine, at least not till I see from the stats with my own eyes. I don't have to convince you, you are entitled to your own view.

 

 

The stats will stare you in the eyes in the months upcoming.

But by then, it will be a different price game. Have fun then.

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https://www.straitstimes.com/singapore/more-jobs-closer-to-smarter-homes-in-punggol-says-teo-chee-hean-at-groundbreaking-of

More jobs closer to smarter homes in Punggol, says Teo Chee Hean at ground-breaking of digital district

 

(The Punggol Digital District will house a business park that is being developed by national industrial estate developer)

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