Quote:
Originally Posted by nehalvara
My husband and I are thinking of moving to singapore. We have 2 girls and 3rd child due anyday. We currently have grocery/convenient store in the uk and would like to purchase a business in singapore. Our main worry is how are girls would settle in a completely different environment, also what are the schools like?
Could anyone advise us to what would be the best industry to invest in, what the schools are like and how does the property market work.
Thankyou
Nehal  |
Sg has 4.84 million population now in a tiny island. If its any indication, its quite a safe bet to do food business, beauty salons, retails such recurring consumption business. Grocery or convnenient store is abit competitive, becos its dominated by Govt linked Fairprice Co-op, Malaysian's Dairy Farm Giant Hypermart. The sustainable small players there seems to be Indian operated convenience store. But there are a few run by local Chinese, but i suspect average profitabilty.
Schools shldnt be a problem for ur kids, Sg was a British colony before, education very incline to English stream, Chinese is a supplementary language by itself. All maths, science subjects are English.
Property here are high, but cheaper than Hong Kong. You have to scout around to buy one for 6 months to avoid overpaying for one. Lease from 99years to freehold properties in all districts.