Singapore is a well-established city with superb infrastructure, disciplined society, and excellent transportation facilities. Singapore’s airport has been consistently rated among the world’s best airports. Apart from being one of the world’s safest as well as cleanest cities, Singapore is also a leader in such arenas as oil refining and distribution and shipbuilding and repairing. The city is also a major center for electronics, finance, and communication. Al though a highly sophisticated modern city, Singapore still preserves it charm, and presents a multicultural heritage, which is an elegant mix of Indian, Chinese, Eurasian, and Malaysian cultures. In short, Singapore is a highly favored destination brimming with tourist spots as well as business opportunities. No wonder why real estate properties, both residential and commercial property, in Singapore are booming and of great demand.

Understanding the potentials and opportunities that are available here, many foreigners including retired people and business people have now started investing in residential property market in Singapore. It is estimated that an ordinary townhouse or apartment of about 1000 sq ft cost approximately $1 million. Many buyers invest in residential properties in order to rent it while some invest in it to sell it after a period of one or two years when prices rise. According to records, renting of residential properties in the city can fetch you $36,000 to $80,000 per annum. However, the location of the real estate property determines its value and rent.

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