28 Jun '18, 1am

Singapore developers’ foray into China borders https://t.co/SFXI2yvZ8U

Singapore in China. Wrong. Or is it? No, the city-state has not moved geographically, but many Singapore developers are now making more striking forays into the Chinese real estate market. Don’t me alarmed when you see the Merlion in China’s Dandong Singapore City on the border of China and North Korea In the Chinese border city of Dandong, Liaoning , Singapore developer Brothers Holdings have been building a “Singapore City”. This year has proven to be an especially fortuitous year for the developer as 580 units of their Singapore City development have been snapped up by both local and foreign buyers. In 2017, they sold almost 20 times fewer units. The Singapore City development currently consists of 2,040 units over a massive land area of 180,000 sq m. It has an estimated completion date of 2020 and by then, up to 900 units will be added to the current numbers including ...

Full article: https://www.iproperty.com.sg/news/singapore-developers-fo...

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