Singapore real estate booms as Chinese ramp up buying

1 year ago
8

The expensive Singaporean property market has suddenly surged as more affluent Chinese seek shelter there.
Luo Jia, a middle-level manager of an unnamed company, bought a three-bedroom house this March for 100,000 yuan, or $13,700, per square meter. Currently, the cost has risen to over $70,700 per square meter for a similar apartment in the same location.
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