11
August
2019
|
10:51
Europe/Amsterdam

Did aggressive land bidding by Chinese developers push up Singapore property prices?

Assoc Prof Sing Tien Foo, Director of Institute of Real Estate and Urban Studies at NUS, and Ms Chia Liu Ee, Research Assistant at the same institute, noted that there has been a surge in market share of the Singapore residential property market held by Chinese developers since 2015. They opined that there can be innovation and efficiency gains if new smart technologies and fresh housing concepts are utilised.