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Singapore Property Portal
Wee Jun Wei
Today Singapore is one of the most popular tourist destinations in Asia. The Republic of Singapore is one of the few city-countries in the world. Located at the southern tip of the Malay Peninsula Singapore is an international business hub with a majority of Asia's banks and commercial organizations located in Singapore. At just 704 square kilometres Singapore may not be the largest country on the planet however what it does not have in terms of size it makes up for with economy. With foreign reserves of nearly $212 billion, Singapore is also one of the richest countries in Asia on an area to GDP basis.
Today Singapore is the 18th wealthiest nation on the planet and is second only to Japan in the list of wealthiest nations of Asia. Although the land area of Singapore is only about 704 square kilometres it is one of the most developed countries in terms of real estate and civic law. There is no shortage of developed real estate when it comes to condominiums, penthouses and regular apartments in Singapore. In fact the impressive growth of Singapore has sparked of a real estate boom in recent years and more and more overseas investors have started buying flats, condos and penthouses in Singapore.
Almost every square inch of Singapore is utilised to the maximum and places like ?The Sail? located in the posh marina bay have become popular with people all over the world. In fact the architecture of Singapore is truly world class and is a fusion of the best designers in the world coming together to create a city with limitless possibilities. Standing at 280 metres each the Republic Plaza, UOB Plaza One and OUB Centre are the tallest buildings in Singapore.
With time Singapore has fast become an ideal blend of traditional and new age architecture. With people of mixed ethnicities residing in Singapore it is not uncommon for a Mosque, Temple and church to be located within walking distance of each other. In fact the Sri Mariamman Temple is one of the many religious buildings that are now referred to as national monuments for their historical importance. English being the administrative language most people in Singapore today speak English and this is why overseas companies and investors have no trouble in establishing major electronics factories in Singapore. Another important aspect is that the crime rate in Singapore is extremely low and there have been no know terrorist activities in Singapore since independence.
Another factor in favour of Singapore is that Singapore is strategically located and 10% of Singapore's GDP is made up by the transportation industry alone. If you are looking for an Asian Country to buy real estate in then Singapore should be the default choice, not only is it a safe country to live in, it is also strategically located and is an international business and transportation hub. If you are looking for an Asian city that can rival any European city then Singapore is perhaps the only city that can claim to do so in Asia.
Sentosa Cove is well known for its resort living, one of the most prestigious addresses in Singapore Sentosa cove is a real estate agent's dream. With spas and barbeque pavilions, Sentosa Cove has become a place for not just the rich and the famous, but also people that are looking for quality living. With 2, 3, 4, and 5 bedroom condos available, home owners find it convenient to buy condos in Sentosa Cove. Divided into North Cove and South Cove, each cove has a blend of bungalows and condos. People looking for separate accommodation can always go for one of the many bungalows located in Sentosa Cove. There are currently six condominium sites in Sentosa Cove and an additional Marina and commercial area is also being planned.
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