🎁Comment on Jack Ma’s Wife Bought 3 Prestige Properties in Singapore
THE wife of Alibaba Group co-founder Jack Ma has bought three adjoining shophouses on Duxton Road in the Tanjong Pagar area.
Zhang Ying, a Singapore citizen, paid about S$45 million to S$50 million for 70, 71 and 72 Duxton Road.
According to The Business Times understands. The properties are on commercial-zoned sites with 99-year leasehold tenures starting from September 1988, leaving a balance term of about 63.5 years.
Prices for street houses in Singapore have soared to a record high of 5,500 Singapore dollars (approximately US$4,000) per square foot, twice the price of Fifth Avenue in Manhattan, the world's most expensive shopping street.
This is not the first time for Jack Ma invests in Singapore, In 2019, Ma reportedly planned to build a two-story bungalow at Victoria Park Close in Singapore at an unknown price.
The Super Rich Are Choosing Singapore as the World’s Safest Haven?
Questions for Tigers:
What motivated the rich person to invest in Singapore?
What impact might this investment have on the local real estate market in Singapore?
Were there any particular factors or trends in the Singapore real estate market that influenced rich person‘s investment decision?
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1. Its a stable economy
2. Corruption is low
3. More potential upside due to positive flywheel effect.
On real estate prices, private property or commercial property prices are likely to trend up, with little effect on local HDB houses.
What are your thoughts? [Grin]
so nothing surprising that they choose to park their money in property in Singapore. maybe if we walk past there often enough, can catch a glimpse of them. haha
2. Strategic shipping location that is the gateway of Asia where West meets the East
3. World class financial centre that allows capital to flow freely in and out
4. Technological hub with major US and China IT companies setting up regional HQs
5. Top universities in Asia providing quality education for their younger generations
6. Established medical institutions or hospitals that offers first world medical services for older generations
🌟🌟🌟Singapore is a safe haven with a stable government, great infrastructure and a wonderful place to bring up kids. It is no wonder that the Ultra Rich flock to Singapore. They set up Family Offices which require a minimum of SGD 10 million in Assets Under Management to be increased by SGD 20 million within the next 2 years. In return the Ultra Rick get tax exemptions on their income and a great place to stay.
Singapore has world class financial services with our 3 local banks $DBS GROUP HOLDINGS LTD(D05.SI)$
Singapore also have excellent world class medical services with hospitals like Mount Elizabeth, Gleneagles run by $ParkwayLife Reit(C2PU.SI)$ .
That is why the Ultra Rich flock to Singapore. As a Singaporean, I am grateful to be living here where there is peace and harmony. Singapore, my home, my country - I love you so💕💕💕
@Tiger_SG @TigerStars
哇，最近几年在新加坡的投资真的越来越多了。背后肯定有一些正当的理由。为什么是新加坡？[怀疑][怀疑][怀疑][思考][思考][思考]
众所周知，新加坡长期以来一直是国际公司的首选目的地。无论是国际扩张还是建立公司总部，中国一直是东盟和亚洲商业企业的焦点。有利的法律和税收制度在很大程度上塑造了该国作为亚洲首选投资目的地的地位。新加坡拥有高度一体化的金融体系，同时也是世界上对投资者和商业最友好的国家之一。[哇][聪明][聪明][聪明][祝福][祝福][祝福]
新加坡拥有东南亚中心的黄金位置，位于印度尼西亚和马来西亚之间。这一战略定位为整个区域的运输和贸易联系提供了无缝通道。新加坡地处市中心，对于世界上一些发展最快、最具活力的市场来说，它仍然是一个极具吸引力的目的地。[握手][握手][握手][好][好][好]
新加坡多元文化社会与东盟成员国有着各种文化和语言联系，为该国提供了战略优势。在新加坡，英语是主要的工作语言。这促进了与世界各地投资者的有效沟通。[美元][美元][美元][鼓掌][鼓掌][鼓掌]
新加坡欢迎提供各种财政和非财政激励措施的公司加强该国的经济发展。申请人需要满足严格的标准，承诺特定的投资水平，并引入尖端的技能和技术。这些激励措施旨在促进该国的创新和经济增长。作为回报，新加坡提供优惠，如降低企业所得税税率。[OMG][OMG][OMG][脸红][脸红][脸红]
新加坡的公司税制度在亚洲名列前茅。对于商业利润，它的企业所得税税率统一为17%。领土税收制度确保公司对大多数类型的外国来源收入不征税。[吝啬鬼][吝啬鬼][吝啬鬼][哈哈][哈哈][哈哈]
在新加坡经营国际企业的最大优势之一是拥有近100个双重征税协定（DTA）的广泛网络。该国还有24项自由贸易协定，这些协定既有限又全面。它们涵盖不同类型的收入，并促进税务信息交流。与东盟成员国的自由贸易协定的存在增强了该国在广阔市场中的竞争力。
我相信所有这些都是新加坡成为任何投资天堂的原因。你怎么想的？
@TigerStars @CaptainTiger @MillionaireTiger @Tiger_chat @Tiger_comments @Tiger_SG @TigerEvents @Daily_Discussion @TigerObserver
来加入讨论吧，伙计们@koolgal @rL @icycrystal @b1uesky @Universe宇宙 @GoodLife99 @Fenger1188
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