Recently, Colliers International conducted a thorough study of 16 different cities across Asia in developed and emerging markets. Looking at almost 60 different soci0-economic, property, banking and finance criteria, Singapore emerged as top 3 right behind Hong Kong and Tokyo.
This research is conducted to see which countries are the most favourable to finance companies. Topping countries such as China, Singapore is looking to grow towards number 1 in the next few years as Terminal 5 is underway which would bring footfall rates to about 7 million per month. The affordable residential property taxes and interest rates are one of the criteria that kept Singapore in the top 3 of this research.
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