Expensive amenities such as the port access, private lift lobbies, golf clubs, infinity pools, and private lift lobbies could add to the value of the high-end property. Super high ceilings, security services, and near to expatriates’ schools are the common services offered by high-end properties targeting the foreign investors. Expatriates would be more attracted and comfortable if the residential rights and special immigration policies are not too strict. This will also contribute to the demand for high-end properties on a certain country. The highest, tallest, most luxurious, and other superlatives attributes place these high-end properties as one of the best places to live worldwide.An increase of the high-end properties prices would also influence and create an increase for the properties below the high-end properties. This trend may greatly affect all other related sectors of the country. If the high-end market price increases were highly selective, then maybe it would not affect the whole country. This situation may result to a widening gap of the mass market and the high-end luxury market prices. The local common market and the high-end market properties have totally different attributes and offered amenities. The offered attributes and amenities contributed to the big difference of their prevailing market prices.An increase of the high-end properties prices would also influence and create an increase for the properties below the high-end properties. This trend may greatly affect all other related sectors of the country. If the high-end market price increases were highly selective, then maybe it would not affect the whole country. This situation may result to a widening gap of the local common market and the high-end luxury market prices. The mass market and the high-end market properties have totally different attributes and offered amenities. The offered attributes and amenities contributed to the big difference of their prevailing market prices.The properties belonging to the category of the mass market are more affordable and a bit cheaper than those properties belonging to the high-end market. Mass market properties could create more demand because of its affordability. It also highly supports the general income conditions. The high-end market cannot be as flexible as the mass market in terms of pricing because it has its own set of characteristics and high-end services that the properties in the mass market do not have (Source: Singapore Ministry of Manpower, aggregated from Central Provident Fund board). Mass market could easily create a demand than the high-end market.
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Forex Cross Rates Help With Foreign Currency Trading
Forex Cross Rates is a term used in trading foreign currency. The word Forex is simply an accepted way of distinguishing a foreign exchange versus a U.S. market. Foreign exchanges trade currency, stocks, bonds and options. Foreign exchanges trade similar to the exchanges in the U.S., however you must be aware that quotes are given in the foreign currency of that country, and one unit of their currency may be of less or more value than the U.S. dollar. Foreign exchange rules differ from U.S exchange rules. You should be familiar with the rules of the exchange or deal with a broker who has experience with that particular foreign exchange. Free FOREX trading videos daily.In the past, a trader who wished to exchange his money into a currency from a different country would have to first convert it into U.S. dollars and then convert it to the type of currency he wanted. This is now bypassed by using a cross currency trade. A cross currency trade can take place between any two currencies, which do not involve the U.S. dollar. A EUR/JPY trade would mean paying Euros for yen; it would also be classified a cross trade.The Rate is the quote on the currency being traded. In other words, in the example above, the rate might be 1.00/0.009; one yen is worth.009 of a euro. Since neither of these currencies is a U. S. dollar, this is an example of a cross rate when quoted in a U.S. newspaper. If either of the currencies involved were the U.S. dollar, it would not be a cross rate quote.Forex cross rates are used by experience traders to judge values of the currencies in each country and to make a decision on whether, or not, to make that trade. Foreign trading can be difficult due to the exchange rates of monies between the countries. Values of currency can change rapidly. Currency trading does not take place on a regulated exchange but rather is done on credit agreements between traders and trading takes place around the clock, every day of the week. Experience and knowledge regarding these markets is needed to be a successful trader.