Having operated successfully for over five years, Singapore investors have increasingly taken to working with FJP Investment on numerous property deals over the years. Investors in Singapore have identified FJP Investment as a reputable partner to be working with when seeking investments in the UK Property Market. At the same time, we have identified Singapore as being one of our key growth markets where the calibre of investors is very high.
So much so, we took the show on the road and exhibited at the Smart Investment and Property Expo.
The exhibition was a two day event held on Saturday the 22nd and Sunday the 23rd of September 2018 at the Sands Expo & Convention Centre, Marina Bay Sands. The venue provided the perfect environment in which we were able to showcase our latest title deeded care home investment opportunities.
We found a lot of value in being able to meet with our existing clients whom reside in Singapore whilst also being able to meet with new investors. We feel meeting with investors is crucial in terms of furthering and cementing our investor partner relationship.
Property Exhibition Singapore
Singapore is an interesting market in the sense that property investors are turning their attention away from the local market due to the Singapore government taking measures to cool the property market. In July 2018, the government introduced new stamp duty measures at an eye watering rate of 20% for foreigners and 30% for developers.
The effect of this has meant that Singapore based property investors are seeking out opportunities on the global stage.
Naturally, Singapore investors are targeting the UK property market due to the attractiveness of many of the developing cities on offer, some particularly high growth cities include but are not limited to Manchester, Liverpool and Birmingham. in addition to this, the high standard of customer service, high quality of law and a general affinity between the UK and Singapore, making the UK highly attractive to Singapore based property investors.
All in all, we are very pleased with the outcome and we look forward to working with our new investors as we continue to grow our footprint in Singapore and beyond.