SINGAPORE — For some time now, China’s property market has looked like a bubble about to pop. As a result, many Chinese have been putting their wealth into real estate markets further afield, notably in Singapore.But data show the majority of Chinese buyers actually are buying from Singapore’s mass market sector rather than the luxury end.
“Singapore is an easy place to settle in, in terms of culture and distance from China,” said Mrs. Ong of DTZ. “Many are also buying for their children who are, or will be, studying here before they head west for further studies.” Full Story
