https://cnb.cx/3iqH0tt



points form the article:



-Low interest rates, pandemic-induced stimulus, and U.S.-China trade tensions prompting tech companies to move to Taiwan, have created a perfect storm for the capital’s property prices, said Savills’ head of research, Erin Ting. She said she doesn’t expect the trend to abate anytime soon.



-Singapore, Sydney, Seoul and Taipei: How property prices in four Asia-Pacific cities stack up



-Singapore stood out as the most expensive city relative to Seoul, Sydney and Taipei.



-By way of comparison, the median nationwide U.S. home price for active listings in July 2021 was $385,000, up 10.3% year-on-year,



-One- to two-bedroom properties in the city-states’ affluent central district cost around $1.03 million, according to median sale price data collated by real estate site PropertyGuru from Jan-July 2021.



-birthing a class of priced-out buyers dubbed “lightning beggars.”



-Gangnam district cost a median of $855,000 as of July 2021, according to government data collated by South Korean real estate app Zigbang.



-Three to four bedroom properties measuring 99 to 165 square meters came in around $1.8 million.



-Three- and four-bedroom properties came in at a median price of $914,969.



-It is also a reflection of an owner-occupier upswing in house prices, as investors have largely sat on the sidelines over the past year, only becoming more active in recent months.

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