New UK, Australian properties beckon Singapore investors

Singapore DEVELOPERS and marketeers continue to whet Singapore investors' appetite for overseas properties - especially in the UK and Australia - going by the string of projects being promoted here recently. This is despite the impending changes that may impact real estate investments in the two countries, such as the implementation of a capital gains tax for foreigners in the UK.

More London properties are being exhibited in Singapore of late due to a weak pound, said Doris Tan, head of international residential property serv…