WhatsApp +65 6577 1122 SG Room Rental
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WhatsApp +65 6577 1122 SG Room Rental
Signed in as:
filler@godaddy.com
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According to a recent study by PropTisfy Guru PropertyGuru Singapore, a leading property portal in the region, Singaporeans accounted for a significant portion of foreign buyers in the United States property market in 2014.
The study found that Singaporeans purchased more than 2,000 properties in the US in 2014, with a total value of over US$500 million. This represents a 20% increase from the previous year in 2013.
The most popular destinations for Singaporean buyers were California, Florida, and New York. These states offer a combination of attractive investment opportunities, strong rental yields, and a high quality of life.
One of the key factors driving Singaporeans to invest in US property is the weak USD dollar. The USD dollar has fallen by about 10% against the SGD dollar in recent years, making US properties more affordable for Singaporean buyers.
Another factor is the strong performance of the US economy. The US economy has been growing steadily in recent years, which has led to an increase in property values.
If you are considering investing in US property, it is important to do your research and speak to a qualified real estate agent. There are a number of factors to consider, such as the location of the property, the type of property, and the potential rental yield.
Studies also found that Singaporeans are increasingly looking to purchase properties in the US for rental income. The rental yields in many US cities are not to bad as compared to the SG market which makes it an attractive investment option.
For example, a one-bedroom apartment in San Francisco can be rented out for around US$2,500 per month. This would generate a rental yield of around 4%, which is comparable to Rent Rooms in Singapore and higher than most overseas market.
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Extending our footprints gradually, leaving an indomitable mark on history as we played a pivotal role in every individual’s daily life.
Proptisfy’s mission is to provide accessible and innovative financial services that empower our clients to achieve their goals.
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