Singapore's luxury apartment market is hot, thanks to China

Source: https://www.straitstimes.com/business/property/singapores-luxury-apartment-market-is-hot-thanks-to-china

In the first nine months of this year, foreigners bought 315 apartments in Singapore ’s main core central area, almost returning to the speed before the government took cooling measures in July 2018.

Of these units, 97 units (about one-third) were purchased by mainland Chinese, who are the largest group of foreign purchasers in Singapore.

The Florence Residences

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