Nouvel 18's like exclusive honey to China bees
Despite 20% ABSD, non-PR buyers pick up about 90% of the 17 units sold since start of sales on July 18
Kalpana Rashiwala
Singapore
MAINLAND Chinese buyers continue to mop up luxe condo units in Singapore.
At the completed freehold Nouvel 18 project in the posh Ardmore Park area, they are the predominant nationality among the foreign buyers who have picked up about 90 per cent of the 17 units that have been sold since sales began on July 18.
TRENDING NOW
China recruited exec at Singapore data centre firm to spy on Nvidia CEO Jensen Huang: US intelligence
Higher rates, weaker spending: Is the Philippines entering stagflation?
Could Japan trigger the next global financial crisis?
Protect people, not prices: How Asean+3 can build resilience to energy shocks