Manhattan Real Estate Prices

Manhattan real estate prices enjoy stable appreciation over the long term because of limited supply. While a typical U.S. city has ample land for developers to constantly build more houses, the amount of space available for new apartment buildings in Manhattan is extremely limited. This limited supply explains why global investors look to Manhattan real estate as a means of asset preservation and diversification.

Read full article here: Manhattan Real Estate Prices

Why Singaporeans are attracted to Manhattan, New York property

When investing abroad, Singaporeans have traditionally invested in the U.K., Australia and neighboring countries in the region. My Singaporean clients are always pleasantly surprised when learning about what Manhattan, New York has to offer as a property investment.

Here are some of the key reasons as to why Manhattan is an attractive property destination for Singaporeans: Why Singaporeans are attracted to Manhattan, New York property

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January 2023 Manhattan Property Market Update - Wei Min Tan

Here are the key points for the January 2023 Manhattan property market update:

1. Sales volume down 29.8 percent
2. Cash transactions increased
3. Median price down 

Read full article here: January 2023 Manhattan Property Market Update

December 2022 Manhattan Property Market Update

1. Interest rate uncertainty continues
2. Rental market slows
3. What’s the opportunity?

Read full article here: December 2022 Manhattan Property Market Update

November 2022 Manhattan Property Market Update

November 2022 Manhattan Property Market Update

Key point #1: Sales remain low because of mortgage rates

Key point #2: Buyer’s Market

Key point #3: Slowing rental market

Read full article here: November 2022 Manhattan Property Market Update

Top 5 Mistakes To Avoid When Investing In New York Property

 

Whenever I meet a new buyer client, especially a foreigner wanting to buy an apartment in Manhattan for rental income, the client often has certain pre-conceived ideas. This is understandable because it is impossible to understand a market from researching on Google from a few thousand miles away. Not necessarily good or bad, but without proper advice, they could be costly mistakes.

The pre-conceived ideas can be found here: Top 5 Mistakes To Avoid When Investing In New York Property