Singapore property still a top draw for Asia's ultra-rich

Singapore

SINGAPORE's property market remains high on the agenda of Asia's ultra-rich, notwithstanding the cooling measures still in place.

Its commercial properties are a top consideration for Asian ultra high net worth individuals (UHNWIs) keen on this asset class, moderately ahead of the UK and the US.

Singapore's residential market is the second most likely place for Asian UHNWIs to own an overseas home, after the UK, according to the Attitudes Survey in Knight Frank's wealth report out on Wednesday.

Such findin…