Foreigners find gems in high-end condos
A HK businessman, a regional executive at Facebook and an Alibaba co-founder have all bought Singapore penthouses this year
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
LUXURY condos in Singapore priced at S$10 million and above have drawn a host of interesting buyers, mostly foreigners, this year.
Besides Alibaba co-founder Sun Tongyu, who paid S$51 million for the sole penthouse at Wing Tai's Le Nouvel Ardmore freehold project in April, other corporate bigwigs have also surfaced in the list of high-end condo buyers here this year. Mr Sun, who invests in startups these days, is a Chinese citizen and a Singapore permanent resident (PR).
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
