Singapore developers struggling to sell apartments in their home market are buying property overseas, turning the island state into the largest foreign investor from the region this year. Photo: Bloomberg

Singapore developers turn to overseas as curbs bite

Developers warn of mortgage defaults and 'fire sales' as local prices and sales fall

Topic |   Chinese offshore investment

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Singapore developers struggling to sell apartments in their home market are buying property overseas, turning the island state into the largest foreign investor from the region this year. Photo: Bloomberg
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