You are here

Singapore developers on overseas buying spree

Local entities invest US$9.8b in commercial property abroad in the nine months to September, overtaking China at US$8.4b, says research firm RCA

Singapore

SINGAPORE developers struggling to sell apartments in their home market are buying property overseas, turning the island-state into the largest foreign investor from the region this year.

Companies including City Developments and Keppel Land pumped US$2.32 billion into

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom