For years, Singapore has achieved many accolades tied to its brand for being one of key regional and international hub for business and companies to establish their foothold and conduct trades here. When doing head-to-head comparison, our closest neighbours on par would have to be Hongkong. Being 2 of the fastest grown nations in Asia, Singapore real estate and Hongkong’s will always be one of the key comparisons made between them.
And for the 6th year running, Singapore has acclaimed the title for being the best place on the globe to do business, as stated by the Economist Intelligence Unit. Credit to their business-friendly polices, together with it’s stable economic environment and top-notch infrastructure. Thus it has made some of current new launch properties in the Central Business District area, such as Clermont Residence, Marina One, Crown @ Robinson, Oxley Tower, Five on Shenton, Onze @ Tanjong Pagar and EON Shenton very attractive options to both local and foreign investors.
But again, how does Singapore real estate compare to it’s long-time traditional rival Hongkong? Of course, both having their positives and negatives.
BBC’s Sharanjit Leyl and Juliana Liu from Hongkong gives us their insights in this short video.