Singapore’s safe-haven status draws more Chinese capital into property sector

China has become one of the largest sources of investment in land parcels and other properties in Singapore, as the safe-haven status of Southeast Asia’s top financial hub continues to attract global capital, according to analysts. China-linked developers and business entities have become more active in the market, said Alan Cheong, executive director for research and consultancy at Savills Singapore. “Chinese developers who have had experience in Singapore are now familiar with the rules,...

By Cheryl Arcibal