Overseas property investments: the grass isn't always greener
Such investments can come with hidden pitfalls, including building defects, hidden taxes and outright scams
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
WHEN Justin Harper bought a two-bedroom unit outside of London in 2014, the last thing he expected was for the £270,000 (S$503,702) investment to possibly go down in flames - literally.
But the 68-unit luxury apartment building located in Slough and completed in 2015, was found last year to be a major fire risk due to flammable cladding and other substandard fire safety features.
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