Chinese investors inquiring about property investment in Singapore have hit record highs since the second quarter of 2019, and China's largest foreign property market thinks that the trend will 'maintain itself' until the first half of 2020.
according to Hong Kong's Census and Statistics Department.
Despite those steep fees, Chinese investors are still pouring money into what they perceive to be a safe investment. He added that more apartments have sold for about $7.3 million or more in Singapore this year than in any full year since 2008 and the company expects "this trend to maintain itself into the first half of 2020 at least."price index of larger units in Hong Kong increased by 21.9% in the last five years
In Singapore, however, the apartment price index increase in the last five years was just 2.5% and 55.4% between 2009 and 2019, according to Jeong.
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