Investment in real estate is always a good hedge against inflation and for those who wish to preserve their wealth and legacy, real estate investment in Singapore is probably one of the better options available. It is politically stable; economically vibrant and government policies are investor-friendly and do not change on whims and fancies of politicians. Policies related to the well-being of the country, economy, monetary and investing are always well thought out. Coupled with the fact that Singapore is one of the richest countries in the world (per capita basis) and the lack of natural disasters, it is not a wonder that Singapore attracts many people to invest in its real estate.

For those who are new to real estate in Singapore, the first category is the public housing from Housing Development Board (HDB) which build residential flats for Singaporean or permanent residents. They are involved in some commercial properties,h helping the public in their small-scale businesses. The next category is the private housing, which consists of privately built condominiums and landed properties (bungalow, semi-detached and terraced houses). This category is open for all buyers. Some restrictions may apply to those buying landed properties. The remaining category is the commercial and industrial properties.

Although the home ownership rate in Singapore is around 90%, there is still a large rental market. Singapore’s resilient and vibrant economy attracts foreigners seeking employment here with jobs ranging from blue-collars to CEOs of large companies. The residential properties that foreigners rent spread across the entire spectrum of residential properties in Singapore from the normal HDB flats to the high-end luxury condos in downtown Singapore.

Singapore is divided into 3 major regions, CCR (Central Core Region), RCR (Rest of Core Region) and OCR (Outside Core Region). Depending on one’s budget, one can choose to buy a luxury unit in downtown Singapore or for the same amount money, a much larger unit at the outskirts of the city. The profile of residents in each area is different; High level managers and upper management tend to stay in the CCR or RCR whereas the general public will choose RCR and OCR depending on their financial abilities. This applies to the rental market as well. 

I have listed below the districts that make up the 3 major areas of Singapore. 

CCR : Districts 9, 10, 11 and parts of 1, 2, 4, 6 and 7
RCR : 3, 8, 12 and parts of 1, 2, 4, 5, 6, 7, 13, 14, 15 and 20
OCR : 16-19, 22, 23, 25-28 and parts of 5, 14, 15 and 20

New launches or new projects are generally favoured by investors. It usually comes furnished with high built-quality and finishing touches. These private condominiums generally have good capital appreciation and rental returns. Luxurious projects like Irwell Hill Residences, The Avenir and many others in Districts 9 and 10 are favourites among the well-heeled. Development close to the city center but not in the core region (RCR) attracts the upper middle class and professionals. The Antares and Penrose examples of private condominiums in this category. At the outskirts, the OCR attracts people from all social strata. With a lower price per square foot, investors can buy a larger unit with a trade off for the convenience of what the inner city offers. With the lingering COVID-19, Singapore may, perhaps follow the trends of other major developed countries where working-from-home people choose to stay in a much larger dwelling in the outskirts, far from the crowded city. Staying in OCR is convenient as you can get your groceries and sundries done easily. The only thing that might be missing is the nightlife and having an active nightlife may not be what many are looking for now.

My name is Vanessa See and I am a real estate professional. I provide real estate solutions to my clients, be it residential, commercial or industrial. Having worked in this industry for close to 20 years, I have the necessary skills, knowledge and experience to ensure that your journey of owning a property is smooth and easy. For the last 14 years, I have worked with the fourth largest agency in Singapore, Huttons Asia Pte. Ltd. Huttons has provided me with a large portfolio of real estate that meets the needs of investors.

Investing in real estate is a big commitment and having someone who has the experience and reliable is the key to enjoying the process of acquiring real estate. I have learned that being transparent, honest, sincere and having empathy is critical to forming a win-win relationship. Any relationship that benefits one party will not last and that is something that I am looking for. 

I have close to 200 new launches in Singapore and worldwide. On top of the new launches in Singapore, Huttons has provided me with properties in United Kingdom, Australia, Malaysia, Thailand, Indonesia, Cambodia and Vietnam. I have a selection of “resale” or “pre-owned” residential properties in Singapore as well. There is also some commercial, logistics (warehouse) and industrial properties listed in my website. Please feel free to browse my website and contact me by email or WhatsApp and we can see how we can build a lasting relationship.