Private residential buildings, foreground, stand in the Kembangan area of Singapore. Photo: Bloomberg
China’s new wave of ‘mid-tier’ investors set their sights on Singapore property
- Members of mainland China’s burgeoning middle class are increasingly looking to park their wealth somewhere outside the country
- Hong Kong was once their property market of choice, but amid months of anti-government protests, the Lion City has become a more attractive option
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Private residential buildings, foreground, stand in the Kembangan area of Singapore. Photo: Bloomberg