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Singapore joins ‘highly transparent’ real estate market ranking, surpasses Hong Kong



Singapore has joined the ranks of the world's most transparent real estate markets, thanks to advancements in digital services and sustainability efforts.


According to the latest survey by JLL and LaSalle Investment Management, Singapore scored 1.92, becoming the fourth "highly transparent" market in Asia-Pacific, after Australia, New Zealand, and Japan, and ranked 13th globally.


Hong Kong, with a score of 1.97, placed 15th, just missing the "highly transparent" category. Tier-1 cities in mainland China also showed notable improvements.


The Global Real Estate Transparency Index, launched by JLL in 1999, rates markets on factors like performance, regulatory policies, market fundamentals, transaction processes, corporate governance, and sustainability. A score below 1.96 is considered "highly transparent," reflecting greater market clarity.


Article by Cheryl Arcibal for SCMP. Read more here or in the PDF below.



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