OUB Centre at Raffles Place on a Saturday morning. Shops just opening.
More foreigners snapping up private properties
Is this news? It does not take much to buy up this piece of rock. And if the property market is open to foreigners all over the world, what is there to stop them from throwing their spare cash to wipe up everything? The foreigners in this case are the super rich, and there will always be the super rich.
Let’s take a bet when the whole island will be sold to foreigners, I mean the private properties.