Singapore has benefited from the increase in interest from investors who are avoiding China and Hong Kong amid the political crisis and social unrest. Months of violent protests in Hong Kong has resulted in the shift of capital into the City State. Over the last few quarters, private apartment prices in Singapore have rebounded. And as a result, the City State is now ranked no. 1, moving from a position of 21st in 2017, for real estate investment prospects measured by price increases next year. Freehold projects such as the Penrose are likely to attract a lot of interest from investors.
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