Real estate has had its ups and downs over the past several years, but there is something to be said for being able to receive cash flow every month – especially from commercial property which in general, has higher returns and occupancy rates than residential real estate.
Singapore, the smallest country in the ASEAN region, had a rough time in 2015 with property values sliding downhill. However, the lack of space on the island along with its business-friendly policies, wealth (one in six households in Singapore are millionaires), and strategic location bode well for its fundamentals in the long term.
Singapore House Prices Down, Long Term Fundamentals Remain
With the prediction that the global population will hit 9 billion in just 20 years, which is more than a 25% increase from the current population, there is little uncertainty real estate prices will go up in small, wealthy city-states such as Singapore, Monaco, …