HONG KONG, Jul 27 (straitstimes.com) –
Singapore traders are heading for Japanese actual property, lured by a weaker yen and the prospect of tourism-driven development, within the second-largest metropolitan space, Osaka.
Singapore traders are heading for Japanese actual property, lured by a weaker yen and the prospect of tourism-driven development, within the second-largest metropolitan space, Osaka.
International property agent FM Investment stated it has seen a fivefold improve in inquiries since Japan opened its borders in October, with Singapore making up about 70 per cent of 800 requests between April and June alone, adopted by Hong Kong.
Second-quarter gross sales are double the amount of the entire of 2022.
The yen has fallen about 8 per cent in opposition to the Singapore and Hong Kong dollar in 2023, growing the buying energy of property traders searching for bargains exterior two of the most-expensive markets within the Asia-Pacific area.
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