London and New York topping the list in real estate values. Sydney, Hong Kong ans Singapore stand a reliable second.
Hong Kong and Singapore in Asia are land hungry and each square feet is worth a million Sydeny beats the curve with high cost in land prices and in between 2011 and 2014 the cost price of land is ballistic. There is already a 2% rise in the land price. Real estate is booming.
In Hong Kong. the market is stable with only a rise of 2 %. In Singapore, it is a way different. Buying land in Singapore is suicidal says developer Kwek Leng Beng.In Bukit Merah,
a square foot od land was sold for $1162.
Prices are going astronomical. Still there are buyers as affluence also has increased with that the buying capacity.
To own land is everybody's wish and that has to be fulfilled at one time in the lifetime. The real estate dealers cash in exploiting this sentiment.
Hong Kong and Singapore in Asia are land hungry and each square feet is worth a million Sydeny beats the curve with high cost in land prices and in between 2011 and 2014 the cost price of land is ballistic. There is already a 2% rise in the land price. Real estate is booming.
In Hong Kong. the market is stable with only a rise of 2 %. In Singapore, it is a way different. Buying land in Singapore is suicidal says developer Kwek Leng Beng.In Bukit Merah,
Prices are going astronomical. Still there are buyers as affluence also has increased with that the buying capacity.
To own land is everybody's wish and that has to be fulfilled at one time in the lifetime. The real estate dealers cash in exploiting this sentiment.
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