Sotheby’s Sets up Shop in Singapore

Sotheby’s International Realty announced Singapore will be home to its newest franchise. The new office, Singapore Sotheby’s International Realty, joins a Sotheby’s network of 8,000 sales associates in 400 offices worldwide. This event marks the continuation of a slew of new openings for Sotheby’s International Realty. Fledgling offices in Tokyo and Moscow have also joined their global nest of franchises.

The sizzling Singaporean luxury real estate industry is worth a look. In fact, real estate isn’t the only thing thriving in Singapore; it’s everything business. Just weeks ago the World Bank released its annual “Ease of Doing Business” report. Singapore, yes Singapore, topped the charts. New Zealand and the United States had to take a back seat. With a thriving business environment Singapore will continue its rapid accent into the luxury market.

Source: Realogy

Picture: Asianpassages