Singapore remains the favorite haven for wealthy Indonesians seeking to invest in high-end property. Thomas Tan, director for residential marketing at Raffles Quay Asset Management, says that Indonesia continues to show its stronger demand for the purchase of high-rise residences in Singapore. He adds that around 30 percent of the foreign buyers who have purchased the new 221 units of the 66-storey Marina Bay Suites are Indonesians. About 70 percent of the units have been sold to … [Read more...]
New Downtown
Singapore is building the newly Marina Bay Financial Centre (MBFC), which is sophisticatedly designed not only as one of the global hubs of international business and commerce, but also to make the island city-state become a more happening place to live, work and play. Sitting on a 360-hectare waterfront site at Marina Bay in the southern tip of Singapore, MBFC offers a breathtaking blend of three office towers that account for a combined 3 million square feet of prime Grade A office … [Read more...]