QUIZ: Which of these gorgeous countries should you buy property in?

Find out the perfect place for you to stay? See where you should run away to.

He Ruiming| December 15, 01:26 PM

Singapore is great for many things. Not getting robbed in broad daylight is one. Changi Airport, with its numerous connections to major cities all over the world, is another.

But a large house with a backyard? Not so much – unless you’re earning big bucks. That, and many other reasons are why some Singaporeans are looking beyond the little red dot to purchase their own property.

But where exactly? From Malaysia to New Zealand to way up north in London, there are plenty of options.

Take our quiz to help you narrow it down. (You can also ogle at all the beautiful pictures of properties, some of which you can get for around S$200,000.)

 

 

As you’ve figured out from the quiz, buying overseas property isn’t as straightforward as you might think. And it’s easy to get hit by hidden costs, unscrupulous agents and unforeseen geographical conditions.

Now, we’re not saying you should only buy property in Singapore. Just make sure you have the appetite for a little uncertainty, and are willing to do your research and due diligence. Most importantly, remember these two things:

- Read the sales and purchase agreement carefully before signing, so you understand the terms and conditions.

- Make sure that you can afford the property before committing to the purchase. Being in debt is no joke.

By the way, if your property claims to be “near” the city centre or important amenities, check to see if it’s really near. What’s near for the locals might not be near for us Singaporeans. Especially for large countries where an hour’s drive is considered “near”.

For more tips on buying an overseas property, check out this handy  guide and poster prepared by the Council for Estate Agencies (CEA).

This sponsored post is brought to you by the CEA. It doesn’t want to see you lose your hard-earned money by investing in risky properties overseas. Remember, CEA can only take errant agencies and agents to task, but unfortunately won’t be able to help you get back your hard-earned money.