Private residential apartments and public housing estates in Singapore. Increasingly, Chinese firms are outbidding local firms for new property projects in the Lion City. Photo: Reuters
Targeting Singapore’s property market, Chinese developers leave a trail of unease
With bids that vastly outpace their local competitors, firms from mainland China are grabbing some of the top properties in the Lion City, raising fears of market-wide price inflation
Topic |
Singapore
Private residential apartments and public housing estates in Singapore. Increasingly, Chinese firms are outbidding local firms for new property projects in the Lion City. Photo: Reuters