Loss-making deals have become the norm for foreign investors in Singapore’s billionaire haven. Known as Sentosa Cove, sellers are racking up losses as high as 40 per cent, according to Bloomberg. Dubbed one of the most exclusive neighborhoods in the straits, the reclaimed island is a 15-minute drive from downtown and home to more than 2,000 private houses and condominium apartments. The residential enclave is also a bellwether for the luxury real estate market in […]
source https://therealdeal.com/2018/09/23/when-buying-luxury-property-abroad-goes-wrong-2/
No comments:
Post a Comment