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Chinese national buys 20 units at CanningHill Piers for over $85 mil - Printable Version

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+--- Thread: Chinese national buys 20 units at CanningHill Piers for over $85 mil (/Thread-Chinese-national-buys-20-units-at-CanningHill-Piers-for-over-85-mil)



Chinese national buys 20 units at CanningHill Piers for over $85 mil - happyharvest - 01-06-2022

https://www.edgeprop.sg/property-news/%C2%ACchinese-national-buys-20-units-canninghill-piers-over-85-mil


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - Talent - 01-06-2022

wash money


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - babygirl - 01-06-2022

(01-06-2022, 09:03 PM)happyharvest Wrote:  https://www.edgeprop.sg/property-news/%C2%ACchinese-national-buys-20-units-canninghill-piers-over-85-mil
Angry Angry Angry Angry Angry Angry Angry Angry Angry


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - Rubitin - 01-06-2022

(01-06-2022, 09:18 PM)Talent Wrote:  wash money

$85m in bank head need inspection.,better to buy properties. Thumbs_up


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - Sticw - 01-06-2022

Very productive inflow. Property agent and co gets a commission, govt gets stamp duty and whatever property tax etc, property co gets sales and co tax paid, developer pay tax, land price, construction sector, construction worker levies etc.

Net effect is good for bosses in sg lah.


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - WhatDoYouThink? - 01-06-2022

lawyers, bankers, reno co., furniture and appliance sellers, movers, ... in fact the entire economy is like given new energy or vigour


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - SotongOngTee - 01-06-2022

Any check on whether the funds are speckless.🤔


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - Sharexchange - 01-06-2022

Must be Covid Money profit..typical...


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - Tangsen - 02-06-2022

ABSD, GST, Stamp duties, property tax  …… HUAT HAR !!!!


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - Blin - 02-06-2022

(01-06-2022, 10:45 PM)Choc Wrote:  Everybody please be nice to PRC from now on.......especially those rich PRCs !!!
They bring in more money.heard of any other races buy properties buildings? pinans & burners a mistake lah low breed.  Big Grin .


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - watchfirst9 - 02-06-2022

Could be on Cn corrupt list,
20 units and at this period.


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - Sticw - 02-06-2022

(02-06-2022, 07:20 AM)Blin Wrote:  They bring in more money.heard of any other races buy properties buildings? pinans & burners a mistake lah low breed.  Big Grin .

CECA bought a million dollar condo and expect King's treatment liao. This PRC must be god treatment. Lol


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - WhatDoYouThink? - 02-06-2022

another bought 16 units near eunos mrt, and one bought an entire condo projects.


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - sgbuffett - 02-06-2022

Each Chinese citizen can only take 50K USD out.

How can he take so much out?


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - Huliwang - 02-06-2022

Wah bought 20 units. Probably bringing the whole village here. Kokee bo song liao...... Big Grin


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - WhatDoYouThink? - 02-06-2022

spent all money here, that's why they're very poor now,


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - cityhantam - 02-06-2022

(02-06-2022, 07:48 AM)Huliwang Wrote:  Wah bought 20 units. Probably bringing the whole village here. Kokee bo song liao...... Big Grin

Kokee said millions of Chinese running away from China!  Rotfl


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - winbig - 02-06-2022

(02-06-2022, 07:46 AM)sgbuffett Wrote:  Each Chinese citizen can only take 50K USD out.

How can he take so much out?
How about company?


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - cityhantam - 02-06-2022

(02-06-2022, 07:46 AM)sgbuffett Wrote:  Each Chinese citizen can only take 50K USD out.

How can he take so much out?

Chinese citizens only have money in China?

They cannot have investments and businesses and hence money outside China?


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - Wy:Nox - 02-06-2022

Singapore should not allow any buyers to buy more than 10% of the units in one property for very obvious reasons. This is not like having one major shareholder or major tenant of a shopping mall.


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - cityhantam - 02-06-2022

This Taiwan chabo bought more (83 units) and IRAS tried to makan her :

https://taxsg.com/2011/08/14/high-court-case-lai-ling-wan-alias-lai-lily-v-commissioner-of-stamp-duties-2011-sghc-186/

The Court ruled in favour of the Appellant and entitled her to a refund of $442,680.

.


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - Klesk - 02-06-2022

looks more like money washing.
wash, wash, wash


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - Migrant - 02-06-2022

It's definitely a good place to keep their wealth. 
Steady sing dollar. 
Good governance 
Easily connection
Which other country is safe? 
Looking at how US makan the rich Russians, you know Angmo countries cannot do.


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - WhatDoYouThink? - 02-06-2022

aiya if you hv billions you aso want to put them in a safe (safoo) place, right?;


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - WhatDoYouThink? - 02-06-2022

no need to listen to top guru or top master for their investment advice and end up losing money


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - [[ForeverAlone]] - 02-06-2022

escape from paying High tax lah from Xi.

remember Fang Bing bing ? etc ?

Fang bing bing owned lot of properties, I was kinda shock if you all go google see.

This is why I say , SG become a " ...... " country...... Literally good place to escape pay High taxes from their own country.

Two side effect, one thing Yes it benefit A LOT to Govt come taxes but on the same time does it benefit down to the bottom of the locals in SG ?
Nope. Still depend how our Govt use these high taxes been collected.


RE: Chinese national buys 20 units at CanningHill Piers for over $85 mil - Blin - 02-06-2022

(02-06-2022, 07:39 AM)Sticw Wrote:  CECA bought a million dollar condo and expect King's treatment liao. This PRC must be god treatment. Lol
want prosperity  bring in more Prc  chinese.