Buyers from China snap up biggest number of Singapore's luxury condos

Buyers from China purchased 932 private units in the first eight months of 2022, almost twice the number bought by Malaysians, who came in second. - ST

SINGAPORE (The Straits Times/Asia News Network): Chinese buyers have scooped up the biggest number of Singapore's private apartments in 2022 compared with other foreigners, underscoring the amount of wealth flowing into the Republic from the world's second-biggest economy.

Buyers from China purchased 932 private units in the first eight months of 2022, almost twice the number bought by Malaysians, who came in second, according to a report by industry watcher OrangeTee & Tie.