Luxury waterfront condominiums in Tanjong Rhu, located across Singapore’s Marina Bay financial district. Photo: Reuters Luxury waterfront condominiums in Tanjong Rhu, located across Singapore’s Marina Bay financial district. Photo: Reuters
Luxury waterfront condominiums in Tanjong Rhu, located across Singapore’s Marina Bay financial district. Photo: Reuters

Singapore’s property market gets a lift amid recession with tonic from mainland Chinese buyers, ‘unspecified foreigners’

  • Sales of new non-landed homes rose for a fourth straight month in August to a two-year high, according to data compiled by OrangeTee & Tie
  • National security law in Hong Kong and US-China tensions could be possible reasons for the jump in transactions by mainland Chinese investors

Topic |   Property investment
Luxury waterfront condominiums in Tanjong Rhu, located across Singapore’s Marina Bay financial district. Photo: Reuters Luxury waterfront condominiums in Tanjong Rhu, located across Singapore’s Marina Bay financial district. Photo: Reuters
Luxury waterfront condominiums in Tanjong Rhu, located across Singapore’s Marina Bay financial district. Photo: Reuters
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