Singapore’s gloomy property market is getting some relief from Hong Kong, as China continues to get tougher on capital control measures.
A growing number of Hong Kong investors are on the hunt for office buildings and shopping malls in Singapore with the belief that property prices in the city-state have bottoming out, according to real estate consultancy CBRE.
The firm says it has recorded S$880 million (US$626 million) worth of Singaporean properties purchases by Hong Kong investors…
Source : South China Morning Post
Read more…From luxury villas to office space, Hong Kong investors pile into depressed Singapore market















