The UK credit crunch has resulted in:

1) Low sterling exchange rates,

2) Relatively high yields as compared to interest rates,

3) A deemed discount to pre-credit crunch levels.

By contrast, the Far Eastern economies have prospered. Hong Kong Property market continues to attract Billions of Dollars of inward investment from Mainland China, and the region’s economy has proven resilient. Its efficient banking system has ensured protection against the world wide economic challenges. Property prices are reaching unprecedented peaks at this time, providing a good equity growth in people’s home. Top end, prime Hong Kong property is now achieving equivalent to £3,500 - £4,000 Per Sq Ft, with yields of around 2 –3 %.

Singapore’s efficient economy, attractively low tax regime for companies and individuals, and successful drive for inward investment and migration has also resulted in its property values being driven high. The Singapore Dollar is at a historical premium against Sterling, thus making UK property appear well priced. The combination of above factors present UK property an attractive proposition for international buyers.

An increasing number of UK developers are promoting their schemes in the Far East. This presents challenges in that purchasers are being provided with choice of a wide cross section of investment propositions.

Hence an effective and well thought out campaign, good coverage and proper dedication to selling your scheme for a period of time is ever more essential. Hastings International will assist in promoting the unique selling points, presentation and advise on method of sale for your development.