Singapore has joined the top ranks of real estate markets in terms of transparency. This is according to JLL and LaSalle's biennial Global Real Estate Transparency Index (GRETI) which placed Singapore in the “Highly Transparent” group of markets under the latest Global Real Estate Transparency Index (GRETI). The report serves as a guide for companies operating in foreign markets.
Dr Chua Yang Liang, Head of Research and Consultancy, Southeast Asia, at global real estate services company, JLL, explains the importance of transparency, particularly in uncertain times, and the common factors among the most transparent markets in the world.