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What are the hottest regions for real estate right now?
Submitted by ManojRanaweera on Sat, 12/01/2007 - 07:52.
Both China and India are growing exponentially right now. China because of demand for low cost goods. India, perhaps because of serving the internal population demands. Same will happen soon to China. In both cases, global businesses are trying to get a piece of the action. But what about the rest of the world? Are there geographical pockets of intense activity taking place? Do share your thoughts.
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In terms of Real Estate, yes Manoj there are a few countries like Singapore, Malaysia, Mexico, Bulgaria and many others who are seeing an intense rise in property prices. Both Bangladesh and Sri Lanka are also observing great boom in property prices since Bangladesh has huge amount of population settled in UK & other parts of the world, who are now investing back home and apart from a similar trend in Sri Lanka, Sri Lanka is alos considered to be a tourism based economy and lately some of the IT Companies based out of India have started eyeing Sri Lanka as a good source of skilled man power.
Singapore property market is seeing major investments from many countries including China, Malaysia ...no tax on the money you on on real estate investments makes it the most happening place to put your money in Real Estate...
Well...I can go on...maybe that is it for now :)