Chinese Accounted For 30% Of Foreign Buyers Of Luxury Houses In Sentosa, Double Their Rate For All Of Singapore#
Reuters looks today at the fixation that some wealthy Chinese buyers have on Singapore's exclusive Sentosa Cove, where Chinese now account for nearly 30% of foreign purchases of luxury homes and bungalows -- double the Chinese purchase rate for all of Singapore. So what is it about this place that has mainland Chinese tripping over themselves to shell out millions? Take a look: