28 Sep '11, 3am

Developers go all out to woo Chinese home buyers: A booth promoting investment in Singapore's real e... #realestate

Developers go all out to woo Chinese home buyers: A booth promoting investment in Singapore's real e... #realestate

A booth promoting investment in Singapore's real estate at a property fair in Beijing two weeks ago. Mainland Chinese are the top foreign buyers of Singapore property. -- PHOTO: CHINA FOTO PRESS By Grace Ng, China Correspondent BEIJING - Ever since Mr Jacky Zhang visited a few Singapore booths at an international property fair two weeks ago, his iPhone has been ringing with invitations to join special property-viewing group tours in the city-state. 'These (Chinese) agents made it sound like a first-class holiday: My wife and I would stay at a five-star serviced residence in Singapore, be chauffeured around in a BMW to view condos and then shop to our hearts' content,' said Mr Zhang, 34, who works in the finance sector. Although his original intention at the fair was to check out Australian home prices, he quickly got distracted by the enthusiastic sales pitches of companie...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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