Asia's ultra-rich rank S'pore as region's top pick for luxury homes

Country's safe-haven reputation boosted by moves to manage pandemic, help businesses

Singapore has become one of the world's most sought-after locations for buying investment homes as its safe-haven reputation has been further strengthened by moves to successfully manage the pandemic and support businesses.

According to Knight Frank's Wealth Report released today, private home prices in the country's prime districts dipped 0.2 per cent last year as travel restrictions kept foreign buyers away.

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A version of this article appeared in the print edition of The Straits Times on March 02, 2021, with the headline 'Asia's ultra-rich rank S'pore as region's top pick for luxury homes'. Subscribe