Chinese nationals accounted for 998 private home purchases and Malaysian home buyers accounted for 954 private homes in Singapore. Many mainland Chinese also bought homes for their children studying in Singapore.
Even after the devaluation of the Chinese yuan in August 2015 which resulted in a reduction of the purchasing power of mainland Chinese, they are still attracted to Singapore's properties due to Singapore’s political stability, transparent real estate policies and strict rule of law. Investors value these factors when deciding where to invest their money as they would want to enjoy a higher level of certainty on returns.
However, it is interesting to note that the number of Indonesian home purchases fell greatly by 33.6 percent to 279 units in 2015, much lower than the figure of 618 homes bought by Indonesians in 2008 during the global financial crisis.
Freehold city fringe projects near MRT & amenities like Rezi 3Two which is expected to TOP around June this year in 2016 is a good investment choice for good returns.