Rich Chinese investors snapping up luxury homes from Singapore to Sydney



Piermont Grand


In Singapore, wealthy Chinese buyers bought multi million dollar properties based on virtual tours and photos. Even when Singapore is within a partial lockdown situation, sales activity has been picking up via online platforms. There were 3 Chinese clients who bought six apartments with combined value of $20 million at Marina One Residences in May 2020 without any virtual tours.

There is an investor who spent about $12 million on 3 separate units of three-bedroom apartments in the same development,  which is a 5 minute walk to Marina Bay Sands hotel and casino.

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