Sales of Singapore apartments worth at least S$10 million ($7.3 million) have hi...
SINGAPORE - Sales of Singapore apartments worth at least S$10 million have hit an 11-year high, fueled by increased demand from Chinese millionaires seeking safe-haven assets, say property consultants OrangeTee & Tie.
In the first eight months of 2019, 68 condominium units in the wealthy Asian city-state were sold for S$10 million and more, the highest tally since the corresponding period of 2008. “This may explain why we have observed more foreign buyers, especially mainland Chinese, coming into Singapore lately,” said Christine Sun, its head of research and consultancy.In Singapore’s prime districts, Chinese citizens bought 76 apartments worth more than S$5 million in the period from January to August, versus 75 purchases by Singaporeans, data until Sept. 19 show.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microsoft board hikes dividend 11%, OKs $40 billion in buybacksMicrosoft Corp. shares rose in the extended session Wednesday after the tech giant's board approved a dividend hike and billions in new share repurchases....
Read more »
Rep. Ilhan Omar Blasts Trump Twitter Tout Of Post Claiming She Danced On 9/11 AnniversaryRep. Ilhan Omar’s staff has contacted Twitter and asked then to remove President Donald Trump’s account and a tweet that cited a claim that Omar “partied” on the anniversary…
Read more »
Omar: Trump’s retweet of bogus 9/11 dancing claim puts ‘my life at risk’Rep. Ilhan Omar accused President Trump on Wednesday of endangering her life by “continuing to spread lies” that she “partied” on the anniversary of September 11.
Read more »
Cruises: Breaking these 11 rules could get you booted off the boat
Read more »
11 Ways Plants Enhance Your Mental and Emotional HealthNature can boost creativity—and 10 other important wellness benefits of green spaces, according to HealthClips
Read more »
11 Steps To Becoming Unstoppable With Marie Forleo
Read more »