According to JP Morgan analyst Brandon Lee, a 15-25 per cent drop in prime and luxury residential prices since 2011 means Singapore’s properties now represent a good deal for ultra-high-net-worth investors who were comparing city capitals. Photo: AFP

Singapore’s luxury property may finally be ‘cheap’

Luxury property changing hands for as much as 165 per cent less than in London, Hong Kong and New York, say analysts

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According to JP Morgan analyst Brandon Lee, a 15-25 per cent drop in prime and luxury residential prices since 2011 means Singapore’s properties now represent a good deal for ultra-high-net-worth investors who were comparing city capitals. Photo: AFP
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