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The real estate market in Singapore has low rates of sale of luxury housing

The real estate market in Singapore has low rates of sale of luxury housing

October 2014 was marked by extremely negative trends in the sale of luxury housing. So, compared to October last year, this indicator decreased by almost 31%. However, if we consider this type of sales not on an annual scale, but on a monthly basis, then the figures do not look so sad. For example, the number of luxury homes sold in October increased by 18% compared to September. Interestingly, half of the transactions were implemented in one residential complex.

In digital notation, these data look like this: in September, 707 objects were sold, and in October – 885. Of these, 330 residential properties sold fall on the Marina One Residences complex, which began its full-fledged existence only in 2014. The average m2 stage in this complex ranges around $ 17 thousand.

The third quarter was marked by a slight drop in the cost of luxury housing, the reason for this was the measures of the Singapore government to cool the market. The downward trend is expected to continue in the next few months. The above-mentioned measures also affected the sharp drop in demand for housing.  

Over the past few years, there has been a rapid increase in real estate prices in the Israeli real estate market, which is why the markets began to gradually fade - the number of sales decreased every month.

Israel as an excellent real estate market for foreigners has been open for more than six years. Due to the rise in real estate prices in 2020, many, especially Russians - due to the abolition of the visa regime, are eager to invest in Israel's growing housing.

The Real Estate Valuation Department of the Israeli Ministry of Justice provided the public with such information. In major cities: Jerusalem, Tel Aviv and others, the cost of housing continues to rise.

Good news for those who intend to buy an apartment in Jerusalem or find a good ground for investment! The Jerusalem Mayor's Office has approved the construction of more than five hundred new properties in the city.

The incessant rise in housing prices in Israel in large cities leads to the fact that fewer and fewer people have the opportunity to purchase it. Therefore, the popularity of the real estate market of large Israeli cities is gradually falling. Especially after the coronavirus. People have no money left at all. 

Alupka is a small, but very attractive seaside town for foreign tourists. Being very close to other resort centers - Yalta, Simeiz, this city has found something to stand out, and therefore there are always many people who want to buy a house in Alupka.

How to buy a house in Yalta.  Real estate prices in Crimea remain stable, and the purchasing power of citizens is falling - in light of this, it is a sin not to take advantage of the opportunity and not buy a house in Yalta - one of the most popular Crimean resort cities.

It would seem a stupid question - what can you have fun in such a popular, fashionable and developed resort as Alanya? But many tourists who come here do not know half of the entire entertainment potential of the city, so it is worth briefly describing it.

Surely everyone who has only recently been able to buy a house in Mahmutlar, there was a need to purchase a large number of things. The residents of the town have a great opportunity to help each other, sell unnecessary things and buy necessary things from neighbors! Booking a table for sales cost only 5 lire.

Turkish Alanya can rightfully claim to be the "sunniest" resort: the number of sunny days here is rarely less than three hundred. The climate in Alanya is warm, there is no sea hardness, cold winds.

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