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22 units of Draycott Eight bought by Indonesian Foreign Buyer

posted by Alvin Charm in Singapore Real Estate News

As reported in the Business Times dated 11 June 2022, another foreign buyer bought a hefty 22 units of private residentials property in one go. This time, it is at Draycott Eight. Despite the cooling measures announced by Singapore Government last Dec 2021, increasing foreign buyer ABSD to 30% ( inceased by 10%) , Singapore remain a highly attractive destination for Real Estate investor, after considering all factors such as poltical statbility, national security, overall master planning, forex stability, strong legal system, educational strength, and overall developer reputation and real estate policy.


Singapore, a way to go for real estate investment.