Singapore’s largest property expo, the 7th iProperty International Property and Investment EXPO, focused on international investment is happening at Marina Bay Sands, 15th to 17th November.
The EXPO will see dozens of overseas properties on display, including from Malaysia, The Philippines, Thailand, Japan and France. Many Singapore properties will also be on offer.
“Following the series of cooling measures, the most recent data shows Singapore property prices – for both HDBs and private property – declining. This may create a buying opportunity in Singapore, but with other international property prices still strong, overseas options are very attractive,” said iProperty.com Singapore General Manager, Mr Sean Tan.
“Asian property buyers have always been very strong participants in the United Kingdom, especially in London. We are now seeing the Asian buyer looking to Europe, and especially France. While they may be less familiar with the Continent, we think Asian investors will be attracted to our French development, and we look forward to sharing what France has to offer,” said Niclas Dowlatshahi from Avecoeur, developer of La Foret d’Armotte, a luxury, eco-friendly residence located in south west France.
Joining Avecoeur are Singapore’s Far East Organization and KOP Properties, Philippines’ Ayala Land, Robinsons Land and Megaworld Corporation, Malaysia’s Iskandar Waterfront Holdings, Mah Sing Group and Country Garden Properties, Thailand’s Height Holdings and Universal Group Thailand as well as Japan’s Dualtap, among others.
Mr Tan continued, “Visitors can also look out for more seminars providing tips on sound investments as they browse through the properties. Expert views on the Singapore scenario will paint a clearer picture on where the market is headed, while perspectives on what to know about international investment are certain to be valuable.”
Alice Tan, Associate Director and Head of Consultancy and Research at Knight Frank shared “Full year sales volume of private residential units reached a record high of over 22,000 units in 2012, and average private home prices continued to rise by 3.9% year-on-year in 3Q 2013. However, with the recent implementation of the Total Debt Servicing Ratio framework, what should local homebuyers and foreign investors be thinking about in making purchases? At the iProperty Expo, I will be sharing analysis on recent market movements, contributory factors and upcoming trends in the Singapore private residential market that should prove helpful to property investors.” Ms Tan will be presenting “Singapore Private Residential Market Trends – Supply, Demand and Outlook” at the seminar.
The EXPO Seminar Speaker series will see talks throughout each day from property and investment experts. These include prominent advisor Getty Goh of Ascendant Assets and author of “Get it Right – Iskandar”, Khalil Adis discussing “Navigating your way to Iskandar Malaysia from 2014 onwards”.
The 7th iProperty International Property and Investment EXPO will be held from 15th to 17th November at Marina Bay Sands Singapore, Convention Centre, Hall A, 11am to 8pm. For more information please visit www.iproperty.com.sg or expo.iproperty.com.sg
Source: iProperty.com Singapore
Edited by Gordana Davila