S$30 million condo penthouse near Orchard allegedly scooped up by buyer from China
#1

https://mothership.sg/2023/02/china-rich-30m-condo/
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#2

US not allowing them to buy properties there. 
Singapore most suitable for them. 
Peaceful environment. Steady S$.
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#3

Americans too poor to come here buy.
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#4

Many rich Chinese have moved to Spore in the past two years due to Spore’s good reputation, stable economy and great education standard
[+] 1 user Likes lvlrsSTI's post
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#5

(03-03-2023, 04:41 PM)lvlrsSTI Wrote:  Many rich Chinese have moved to Spore in the past two years due to Spore’s good reputation, stable economy and great education standard

Chinese buyers are flushed with cash..........they can afford to buy expensive penthouses................ Big Grin
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#6

Good....let those Kum gong Tiong push up my house price...song ah
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#7

(03-03-2023, 04:50 PM)debono Wrote:  Chinese buyers are flushed with cash..........they can afford to buy expensive penthouses................ Big Grin

Not long ago one Chinese buyer bought 20 units in an expensive location with 85 million cash
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#8

(03-03-2023, 04:52 PM)Sharexchange Wrote:  Good....let those Kum gong Tiong push up my house price...song ah

Food prices will also go up.
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#9

(03-03-2023, 04:41 PM)lvlrsSTI Wrote:  Many rich Chinese have moved to Spore in the past two years due to Spore’s good reputation, stable economy and great education standard

You are WRONG, buy is one thing, stay here and spend is " another thing " .

They still stay in China but just invest property here and rent out.
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#10

(03-03-2023, 04:53 PM)lvlrsSTI Wrote:  Food prices will also go up.

Wont la..they eat rubbish food
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#11

(03-03-2023, 04:53 PM)[[ForeverAlone]] Wrote:  You are WRONG, buy is one thing, stay here and spend is " another thing " .

They still stay in China but just invest property here and rent out.

They will send their wives and kids to Spore even if they dunt live here.
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#12

(03-03-2023, 04:53 PM)[[ForeverAlone]] Wrote:  You are WRONG, buy is one thing, stay here and spend is " another thing " .

They still stay in China but just invest property here and rent out.

I have seen more sports car recently, obviously the drivers are rich young Chinese
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#13

(03-03-2023, 04:53 PM)[[ForeverAlone]] Wrote:  You are WRONG, buy is one thing, stay here and spend is " another thing " .

They still stay in China but just invest property here and rent out.

You may be right, they buy and rent out, giving them passive incomes.............. Big Grin
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#14

(03-03-2023, 04:55 PM)lvlrsSTI Wrote:  They will send their wives and kids to Spore even if they dunt live here.

Never see my thread on Hainan island ??

If compare Hainan island vs our SG MBS is like can't even compare Hainan win
https://www.youtube.com/watch?v=yC8zJSdpLlk
https://www.youtube.com/watch?v=FR37omVcTLM
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