Chinese buyers eye S'pore property

SINGAPORE: Property agents have said buyers from China make up the largest group of foreign investors in Singapore's private residential property.

The number of buyers from China has doubled in the past three years.

Property agents and developers said Chinese buyers are mostly interested in properties that are in prime districts and have a sea view.

Agents said previously, the traditional groups of foreign buyers were from Indonesia and Malaysia.

This has led to some local property agents to actively launch plans to gain a foothold in the China market.
More details at http://www.channelnewsasia.com

Source : MediaCorp Pte Ltd 

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