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The luxury real estate market in Singapore is a different beast than the regular real estate market. The residential market might be in the doldrums right now, but Singapore’s luxury property market is still considered one of the world’s hottest. That being said, it is important to note that the luxury property market is also prone to downturns and has actually been on the decline since 2013, thanks to the Additional Buyers’ Stamp Duty, which makes acquiring property more expensive for investors and foreign purchasers. Renting out and selling luxury property can also be a problem, due to the decline of generous expat packages and rising interest rates. see more: best condo in singapore It is also important to know that rental yields tend to be more attractive for 99-year leasehold properties of smaller sizes vis-a-vis the purchase price, with condos typically outperforming landed property. All that considered, the strong fundamentals of the property market mean that you can st