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...]