SINGAPORE - The luxury end of Singapore's residential market is hot, and according to Colliers International Group, it's because of increased interest from mainland Chinese nationals.
"The increase in luxury home sales could be due to more China buyers seeking an alternative from Hong Kong, while others may have shifted funds from China after the yuan was devalued," said Tricia Song, the head of research for Singapore at Colliers. She added the Singapore dollar is also perceived to be more stable.
Of those, 97 units, or about one-third, were purchased by mainland Chinese nationals, which make up the largest foreigner buyer group in Singapore."Based on the available data, we have not seen any strong evidence to suggest a sharp inflow of Hong Kong money into Singapore residential properties. However, we note that there is more Chinese interest, particularly in luxury homes," Song said.
LimGoHome AnilGoHome
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Asia markets sink as US-China standoff worsens; Singapore stocks down 0.4% at openTOKYO (REUTERS) - Asian stocks fell the most in a week on Wednesday (Oct 9) as the United States and China's ever-expanding dispute over trade and foreign policy showed little sign of coming to an end, weighing on global economic growth.. Read more at straitstimes.com.
출처: The Straits Times - 🏆 8. / 63 더 많은 것을 읽으십시오 »