Far East Shopping Centre sold by Chinese Steel Tycoon for $910 million

[Chase]

Chinese Steel Tycoon Du Shuanghua To Buy Singapore Shopping Mall For US$666 Million​

https://www.forbes.com/sites/jonath...o-buy-singapore-shopping-mall-for-666-million

999-years leasehold

 

[face the facts]

question is.....why foreigners allowed to buy such huge and prime spore properties and probably milk the middle class to death with high rentals later?
FUCK PAP

 

[Chase]

question is.....why foreigners allowed to buy such huge and prime spore properties and probably milk the middle class with high rentals to death later?
FUCK PAP

give credit to the china buyer, it is hard to transfer money to singapore, so he can consider taking bank loans in Singapore (secured by such a prime property).

When i was in china recently, the locals told me that they could do what they wanted, with their hidden savings (not taxed), no question asked because the country was shoring up their property sector. However, transferring savings overseas will be flagged.

 

[tobelightlight]

give credit to the china buyer, it is hard to transfer money to singapore, so he can consider taking bank loans in Singapore (secured by such a prime property).

When i was in china recently, the locals told me that they could do what they wanted, with their hidden savings (not taxed), no question asked because the country was shoring up their property sector. However, transferring savings overseas will be flagged.

U didn't answer the question. His question is why foreigners are allowed to buy such properties, shouldn't it be reserved for locals?

 

[syed putra]

U didn't answer the question. His question is why foreigners are allowed to buy such properties, shouldn't it be reserved for locals?

Current owner probably also chinese. Local or otherwise.

 

[k1976]

give credit to the china buyer, it is hard to transfer money to singapore, so he can consider taking bank loans in Singapore (secured by such a prime property).

When i was in china recently, the locals told me that they could do what they wanted, with their hidden savings (not taxed), no question asked because the country was shoring up their property sector. However, transferring savings overseas will be flagged.

Reverse property Repo?

 

[k1976]

A smart way to sell their lao pok steel bars to SG at super good price...

 

[Tarkett]

啊我的伟大的祖国! 是厉害 de woh!

 

[laksaboy]

A smart way to sell their lao pok steel bars to SG at super good price...

Or before their wealth gets confiscated by Winnie.

 

[k1976]

啊我的伟大的祖国! 是利害de woh!

Yeah... Really 挤夠力-虾

 

[Tarkett]

Or before their wealth gets confiscated by Winnie.

Yeah... Really 挤夠力 de woh!