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An increasing number of South Korean investors are getting interested in real estate in foreign countries, especially the United States and Japan where regulations are relatively lax and property values are stable.
Singapore now claims the top spot for real estate investment prospects in terms of price increases in 2020. Hong Kong, rocked by months of violent political protests, has fallen from 14th place to the bottom of the pile in 2019.
New private home sales in Singapore fell 27% in October from September, reported Channel News Asia, based on the data released by the Urban Redevelopment Authority (URA). According to URA data, developers only sold 928 units in October (955 units including executive condominiums), compared to 1,270 units from the previous...