Singapore Real Estate

For International Clientele

An Modern, Tropical Island Nation With Colonial History

Though small in size, Singapore is an economic giant. It has been one of Southeast Asia's most modern city for over a century. Culturally, the city blends Malay, Chinese, Arab, Indian and English cultures and religions from its deep history of being colonized. Its unique ethnic background allows visitors to experience a wide array of sightseeing and culinary opportunities during their stay. Full of vibrant holidays and traditional festivals, the social calendar in Singapore draws international travelers from all corners of the globe. Additionally, Singapore offers luxury hotels, delectable cuisine and great shopping. The island nation of the Republic of Singapore lies one degree north of the Equator in Southern Asia. The country includes the island of Singapore and 58 or so smaller islands. Because of its efficient and determined government, Singapore has become a flourishing country that excels in trade and tourism and is a model to developing nations. The capital city, also called Singapore, covers about a third of the area of the main island.

Located at the tip of the Malay Peninsula, Singapore's tropical climate attracts both business and leisure travelers all year round. The island boasts excellent infrastructure, thus enabling visitors to enjoy its many attractions in a safe, clean and green environment. The award winning Changi Airport provides transport to major international destinations. The train and subway systems are clean and efficient. In addition, its state-of-the-art cruise terminal has established Singapore as one of the elite cruising centers of South East Asia.

Automobiles won't be necessary int he city. Public transportation is excellent and walking is a great way to see the city . All major attractions are also accessible by tour bus. Since the city is only 60 miles (100k) from the equator, the tropical temperatures do not vary much. Rainfall is fairly evenly distributed through the year. No matter when you choose to visit, warm weather will be abundantly available. Tourists typically notice immediately the abundance of parks, nature reserves, and lush, tropical greenery.

 

Lifestyle in Singapore

SOUTHEAST ASIA'S MOST MODERN CITY

Island Nation

Modern Metropolis

International Finance Capital

A blend of Malay, Chinese, Arab, Indian and English Cultures

39 Michelin Star Restaurants

International Entertainment

World Shopping Destination

Vegetarian/Vegan Friendly

Organic Markets Available

Beautiful Public Parks

Culture Mecca

Business Destination

Nightlife Destination

​Museums, Theaters, & Restaurants

 

Food

A tiny country with a ferocious appetite, Singaporeans typically eat 5-6 meals a day. Ranging from Malay-style stir-fries, Chinese noodle dishes and Indian curries; all served with coffee, hot gingery tea, or the sweet and herbal citrus vibe of calamansi limeade. The local cuisine is defined by what it's borrowed from neighboring nations or those that previously ruled this area, and how those ingredients are assembled into something uniquely Singaporean.

Art

Singapore has a large and diverse international art scene, exemplified by the recent opening of the National Gallery Singapore. However, with art galleries losing interest, a lack of new galleries and other art fairs pulling out, combined with the city’s censorship and expensive artworks, Singapore’s contemporary art scene is losing ground to Hong Kong, Philippines, Indonesia and Thailand.

Play

Weather you prefer to hit the ground running by heading outdoor excursions, or shopping at local boutiques is your fancy, Singapore offers  endless amounts of fun to tourists and locals alike. Stroll through Gardens by the Bay, Hike along the Southern Ridges , Spend an afternoon at Botanical Gardens,  Wander down a MacRitchie Reservoir trail, visit the Sungei Buloh Wetlands, Cycle through Punggol Waterway Park, Explore the streets of Chinatown or Little India.

Luxury

Embark on your journey to experience the cultural side of Southeast Asia in style. With over 39 Michelin starred establishments (2018), Singapore residents prefer to enjoy the finer things in life and regularly attend the acclaimed Singapore Lyric Opera, the Singapore Island Country Club for a round of golf, or divulge in the Louis Vuitton floating Island Mansion.

Attractions & Destinations

A Modern City at the Epicenter of Culture

 

Internationally Certified. Locally Recognized.

Joske Thompson is a licensed Global Real Estate Advisor and has been trained as a Certified International Property Specialist to specifically address the needs of those looking to purchase property in California as a foreign national and U.S. nationals looking to purchase property abroad. He is the President of the San Francisco chapter of FIABCI, an elite network represented in 65 countries with members from all professions of the real estate sector. His extensive knowledge on international property and investment practices, paired with his robust worldwide network, affords Joske the competitive edge to deliver successful strategies for his global clientele. As a member of Top Agent Network, Joske is locally recognized as a top agent in San Francisco. 

Real Estate Market

 
 

Cost of Living Comparison

San Francisco

25% MORE COSTLY

Food: +47%

Housing: +66%

Clothes: +9%

Transportation: -29%

Personal Care: +54%

Entertainment: +18%

Total Difference: +25%

Exchange: .1366 SGD/USD

Hong Kong

13% MORE COSTLY

 Food: +12%

Housing: +67%

Clothes: -6%

Transportation: -32%

Personal Care: -6%

Entertainment: 0%

Total Difference: +13%

Exchange: .17406 SGD/HKD

Sydney

6% MORE COSTLY

Food: +16%

 Housing: +10%

Clothes: +26%

 Transportation: -9%

 Personal Care:  0%

 Entertainment:  +15%

 Total Difference: +6%

Exchange: 1.011 SGD/AUD

DUBAI

7% MORE AFFORDABLE

Food: +5%

Housing: +3%

Clothes: +16%

Transportation: -38%

Personal Care: +16%

Entertainment: +9%

Total Difference: -7%

Exchange: .3719 SGD/AED

 

Economics

The Singapore Economy

as of Aug. 2018

Singapore At a Glance

Singapore has a highly developed and successful free-market economy. It enjoys a remarkably open and corruption-free environment, stable prices, and a per capita GDP higher than that of most developed countries. Unemployment is very low. The economy depends heavily on exports, particularly of consumer electronics, information technology products, medical and optical devices, pharmaceuticals, and on its vibrant transportation, business, and financial services sectors. The economy contracted 0.6% in 2009 as a result of the global financial crisis, but has continued to grow since 2010. Growth in 2014-16 was slower than during the previous decade, at under 3% annually, largely a result of soft demand for exports amid a sluggish global economy and weak growth in Singapore’s manufacturing sector. The government is attempting to restructure Singapore’s economy by weaning its dependence on foreign labor, addressing weak productivity growth, and increasing Singaporean wages. Singapore has attracted major investments in advanced manufacturing, pharmaceuticals, and medical technology production and will continue efforts to strengthen its position as Southeast Asia's leading financial and technology hub. Singapore is a member of the Regional Comprehensive Economic Partnership negotiations with the nine other ASEAN members plus Australia, China, India, Japan, South Korea, and New Zealand. In 2015, Singapore formed, with the other ASEAN members, the ASEAN Economic Community.

GDP: $321B

GDP Growth: 2%

GDP per Capita: $53,000

Government Type: constitutional monarchy

Public Debt/GDP: 113%

Population: 5.9M

Unemployment: 2.1%

Inflation: -.5%

Forbes Rankings

Trade Freedom: 1

Monetary Freedom: 31

Property Rights: 7

Innovation: 9

Technology: 14

Red Tape: 6

Investor Protection: 4

Corruption: 7

Tax Burden: 7

Personal Freedom: 92

 

Meet Your Global Real Estate Advisor

Joske Thompson

Certified International Property Specialist

1699 Van Ness Avenue, San Francisco, CA 94109

joske@pacunion.com  /  Tel. +1 (415) 345 3100

Gracefully Matching Passionate Clientele with Distinguished Properties

1699 Van Ness Ave San Francisco, CA 94109

Office: 415-345-3100 • Cell: 415-608-2233

CalBRE: 00843865

Newsletter