Singapore clocked a massive $24 billion in real-estate sales in the first half of 2021 — twice as much as NYC

by | Invest in Singapore

According to,

“Singapore saw nearly $24 billion worth of real estate sales in the first half of 2021 as home prices spiked by a record 4.1%, Faris Mokhtar reported for Bloomberg.

According to the article, Singapore is the destination of choice for the ultra rich because the low tax rates and also because of its status as a safe haven.

Singapore’s excellent handling of the pandemic is also a great draw for the affluent seeking for safety for their families and their wealth. In comparing the numbers for the pandemic, the difference is between NYC and Singapore is mind boggling.