Thanks to China, Singapore's luxury apartment market is hot
Source: https://www.straitstimes.com/business/property/singapores-luxury-apartment-market-is-hot-thanks-to-china
According to the available data, we do not have any strong evidence that Hong Kong’s capital flows into Singapore’s residential properties. However, we have noticed that the Chinese people’s interest is particularly luxury, especially luxury.”
Although the government does not break down nationality data by property value, the data shows that 75 apartments sold at S $ 10 million (US $ 7.3 million) or higher during the same period, which was the same as in 2010.
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