Singapore, Sydney, Seoul and Taipei How property prices in four Asia-Pacific cities stack up
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vor 4 Jahren
https://cnb.cx/3iqH0tt points form the article: -Low interest
rates, pandemic-induced stimulus, and U.S.-China trade tensions
prompting tech companies to move to Taiwan, have created a perfect
storm for the capital’s property prices, said Savills’ head of
research, Erin Ting. She said she doesn’t expect the trend to abate
anytime soon. -Singapore, Sydney, Seoul and Taipei: How property
prices in four Asia-Pacific cities stack up -Singapore stood out as
the most expensive city relative to Seoul, Sydney and Taipei. -By
way of comparison, the median nationwide U.S. home price for active
listings in July 2021 was $385,000, up 10.3% year-on-year, -One- to
two-bedroom properties in the city-states’ affluent central
district cost around $1.03 million, according to median sale price
data collated by real estate site PropertyGuru from Jan-July 2021.
-birthing a class of priced-out buyers dubbed “lightning beggars.”
-Gangnam district cost a median of $855,000 as of July 2021,
according to government data collated by South Korean real estate
app Zigbang. -Three to four bedroom properties measuring 99 to 165
square meters came in around $1.8 million. -Three- and four-bedroom
properties came in at a median price of $914,969. -It is also a
reflection of an owner-occupier upswing in house prices, as
investors have largely sat on the sidelines over the past year,
only becoming more active in recent months. This communication is
available for information purposes only and does not constitute an
offer or sale or any form of general solicitation or general
advertising of interests in any fund or investment
vehicle. Any such offer will only be made in compliance with
applicable state and federal securities laws pursuant to an
offering memorandum and related offering documents which will be
provided to qualified prospective investors upon
request. Prospective investors should review a Fund’s
offering memorandum carefully, which includes important disclosures
and risk factors associated with an investment in a Fund. The views
and strategies described may not be suitable for all
investors. They also do not include all fees or expenses that
may be incurred by investing in specific products. Past performance
is no guarantee of future results. Investments will fluctuate and
when redeemed may be worth more or less than when originally
invested. You cannot invest directly in an index. The opinions
expressed are subject to change as subsequent conditions vary.
Reliance upon information in this material is at the sole
discretion of the reader. Advisory services offered through ACG
Wealth Inc. ACG Wealth Inc. is an affiliate of
ACG Investment.
rates, pandemic-induced stimulus, and U.S.-China trade tensions
prompting tech companies to move to Taiwan, have created a perfect
storm for the capital’s property prices, said Savills’ head of
research, Erin Ting. She said she doesn’t expect the trend to abate
anytime soon. -Singapore, Sydney, Seoul and Taipei: How property
prices in four Asia-Pacific cities stack up -Singapore stood out as
the most expensive city relative to Seoul, Sydney and Taipei. -By
way of comparison, the median nationwide U.S. home price for active
listings in July 2021 was $385,000, up 10.3% year-on-year, -One- to
two-bedroom properties in the city-states’ affluent central
district cost around $1.03 million, according to median sale price
data collated by real estate site PropertyGuru from Jan-July 2021.
-birthing a class of priced-out buyers dubbed “lightning beggars.”
-Gangnam district cost a median of $855,000 as of July 2021,
according to government data collated by South Korean real estate
app Zigbang. -Three to four bedroom properties measuring 99 to 165
square meters came in around $1.8 million. -Three- and four-bedroom
properties came in at a median price of $914,969. -It is also a
reflection of an owner-occupier upswing in house prices, as
investors have largely sat on the sidelines over the past year,
only becoming more active in recent months. This communication is
available for information purposes only and does not constitute an
offer or sale or any form of general solicitation or general
advertising of interests in any fund or investment
vehicle. Any such offer will only be made in compliance with
applicable state and federal securities laws pursuant to an
offering memorandum and related offering documents which will be
provided to qualified prospective investors upon
request. Prospective investors should review a Fund’s
offering memorandum carefully, which includes important disclosures
and risk factors associated with an investment in a Fund. The views
and strategies described may not be suitable for all
investors. They also do not include all fees or expenses that
may be incurred by investing in specific products. Past performance
is no guarantee of future results. Investments will fluctuate and
when redeemed may be worth more or less than when originally
invested. You cannot invest directly in an index. The opinions
expressed are subject to change as subsequent conditions vary.
Reliance upon information in this material is at the sole
discretion of the reader. Advisory services offered through ACG
Wealth Inc. ACG Wealth Inc. is an affiliate of
ACG Investment.
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