24 Oct '17, 2am

New: Chinese Developers Have Been Buying Up Land in Singapore – Who Exactly Are They? https://t.co/xcDDB4nEdG

Knight Frank published its latest Asia-Pacific Residential Review in May. The chart above may show that Hong Kong is the biggest cross-border buyer between 2007 and 2016 with a lion share of 74.5 percent. But many of the so-called Hong Kong developers are subsidiaries of Chinese developers listed in Hong Kong. The actual picture should show the total of Hong Kong and China figures that represent an 80.2 percent of cross-border residential purchase volume. In contrast, Singapore-based developers are lagging far behind with only 7.3 percent of the total volume.

Full article: https://www.propwise.sg/chinese-developers-have-been-buyi...

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