Tuesday, March 30, 2010

Property still top draw for wealthy

Singapore Property News & Prices

Singapore Real Estate News and Prices
Property still top draw for wealthy

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PROPERTY investments still take pride of place in high-net-worth (HNW) individuals’ portfolios, accounting for a third of investments, a survey by Knight Frank and Citi Private Bank has found.

But only 13 per cent of wealthy respondents said they were planning to buy a new primary residence this year. While 37 per cent said they would consider a second home, almost half the respondents said they would not use debt to fund the purchase.
Full article: http://ping.fm/foMKF

posted by Unknown @ 3:57 PM

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