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Ong CS
2023-07-20

Americans enjoy special privilege in Singapore, that's why.

Americans Unseat Chinese as Top Foreign Homebuyers in Singapore

Americans replaced Chinese as the top foreign buyers of private apartments in Singapore, according to OrangeTee & Tie.Mainland Chinese have been the largest foreign buyer group in the Asian hub since 2016, accelerated by an influx of wealth into the city-state during the pandemic. To keep a lid on prices, the government doubled stamp duties for foreign buyers to 60% — the highest among major markets — and also raised levies for buyers of second homes in late April.Property buyers of certain nati

Americans Unseat Chinese as Top Foreign Homebuyers in Singapore

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