Property News · February 28, 2017

From luxury villas to office space, Hong Kong investors pile into depressed Singapore market


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