Singapore shopping paradise

For some people the deep pockets Indonesia, Singapore shopping paradise is not just clothing, such as clothes, shoes, and bags, but also to buy a board Nirvana aka residence.

Not a few of our citizens who purchased homes as apartments in the City of the Merlion. Look at sales data for the apartment project's Far East Organization. From about 7300 transactions, the rich from Indonesia into one of the largest buyers in the Singapore residential tall. "Buyers from Indonesia is our second largest buyer after the buyer Singapore," said Assistant Marketing Manager Far East, maikel Tanuwidjaja.

There are two apartments being built Far East. First, the Silver Sea Apartments are standing on an area of 2.2 hectares and has four towers as high as 21 floors. Its location on the East Coast beach area, about 10 minutes from Changi Airport.

Second, Cyan Apartment built in Bukit Timah area by 1.4 hectares of land area. Not to be outdone, Frasers Hospitality is also working on a new apartment project named Fusionopolis Apartments. There are two types that they offer, which is facing Fraser Suites River Valley, and Fraser Place which overlooks Robertson Quay area. "Our goal is the executive," said Chief Executive Officer (CEO) Frasers Hospitality Choe Peng Sum.

Proud Nirwanjaya, property analysts, say, a residential developer in Singapore are being intensively-amid the apartment market. Understandably, many world famous companies that set up branches or representative offices in Singapore. For marketing, Proud added, Singapore developers rely on buyers from overseas, particularly Indonesia.

Property analyst of Jones Lang LaSalle Indonesia, Anton Sitorus, adding, Singapore is still the choice of many foreigners, Indonesia is no exception. "Basically, we have the money. Yes spending anything there. Clothes shopping there, including property, tourism is considered just, "said Anton.

According maikel, until August 2009, apartment buyers from Indonesia reached 22 percent of the total number of apartment buyers in Singapore. About 60 percent of them buy apartments for occupancy, while the rest for investments.