Hong Kong investors reject Singapore for cheaper property markets

Malaysia, Thailand and Taiwan are luring investors.

Singapore’s housing market isn’t turning out to be the beneficiary many may have thought from Hong Kong’s increasingly fraught protests as investors turn to cheaper property markets like Malaysia, Thailand and Taiwan.

In Malaysia, for instance, “a property in central Kuala Lumpur could cost 1,500 ringgit ($358) per square foot,” said Alan Cheong, a Singapore-based executive director of research and consultancy at Savills. “An apartment in a similar area of Singapore would be $1,500 ($1,080) or more.”

Also read: 88% of Singaporeans unhappy about property market due to prices

Buying a property in Singapore is particularly expensive when extra costs, like additional buyer’s stamp duty, are factored in. Foreigners buying residential property in the city-state since July 2018 pay additional stamp duty of 20%, up from 15% before the government cooling measures were introduced.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.
The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.
If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia