Area wise, Singapore is not very large in size. Hence, available land is exploited to its potential and the only way to increase accommodation is to build skyscrapers i.e. Grow vertically! More than 80 percent of Singaporeans live apartments owned by them and maintained by the Housing and Development Board of Singapore.

Hence, landlords make most of their money by leasing property in prime locations to expatriates.The most important for an expat is to find the property location that is most suitable to him/her, in terms of accessibility to workplace and transport. Singapore is divided in 27 districts. All this districts provide different options and different facilities. The most expensive being the prime location of Central Area located from District 1 to 9. Below is an Overview of the Singapore Property Market for Expats.

On the East Coast, Districts 14, 15, 16 are located near the Central Business District (CBD) near the Changi Airport. It also offers views of the Sea and is known to be very popular among expatriates since it offers many leisure activities, eateries and many more. Once the property location is finalized, one needs to finalize the properties in the location that suit the budget of the Expat. Since the rental rates differ from place to place. The more closer the property to the Central Business District the rates are bound to be more expensive.

Areas such as Newton, Orchard and River Valley that are located around the central can cost more thousand dollars as compared to areas away from central areas. Rates also fluctuate according to the type of property like Bungalows, Terraced Houses, 3 to 4 bedrooms and 1 to 2 bedrooms. Transportation also being a major factor while selecting a property location. Singapore is said to have one of the most well-planned and modernized transportation system. Transport systems include: Mass Rapid Transport (MRT), Taxis, Private Cars, Buses.

Singapore is one of the most popular tourist destinations in Asia. The Republic of Singapore is one of the few city-countries in the world. Located at the southern tip of the Malay Peninsula. Singapore is an international business hub with a majority of Asia’s banks and commercial organizations located in Singapore.Today, Singapore is the 18th wealthiest nation on the planet and is second only to Japan in the list of wealthiest nations of Asia. Although the land area of Singapore is only about 704 square kilometres it is one of the most developed countries in terms of real estate and civic law.

There is no shortage of developed real estate when it comes to condominiums, penthouses and regular apartments in Singapore. In fact the impressive growth of Singapore has sparked of a real estate boom in recent years and more and more overseas investors have started buying flats, condos and penthouses in Singapore. Almost every square inch of Singapore is utilised to the maximum and places like ”The Sail” located in the posh marina bay have become popular with people all over the world. In fact the architecture of Singapore is truly world class and is a fusion of the best designers in the world coming together to create a city with limitless possibilities. Standing at 280 metres each the Republic Plaza, UOB Plaza One and OUB Centre are the tallest buildings in Singapore.

With time Singapore has fast become an ideal blend of traditional and new age architecture. With people of mixed ethnicities residing in Singapore it is not uncommon for a Mosque, Temple and church to be located within walking distance of each other. In fact the Sri Mariamman Temple is one of the many religious buildings that are now referred to as national monuments for their historical importance. English being the administrative language most people in Singapore today speak English and this is why overseas companies and investors have no trouble in establishing major electronics factories in Singapore. Another important aspect is that the crime rate in Singapore is extremely low and there have been no know terrorist activities in Singapore since independence.

Another factor in favour of Singapore is that Singapore is strategically located and 10% of Singapore’s GDP is made up by the transportation industry alone. If you are looking for an Asian Country to buy real estate in then Singapore should be the default choice, not only is it a safe country to live in, it is also strategically located and is an international business and transportation hub. If you are looking for an Asian city that can rival any European city then Singapore is perhaps the only city that can claim to do so in Asia. If you are looking to invest in overseas properties in Singapore then the first thing you should do is choose the locale that meets your requirements.