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Why relocating Chinese see S'pore as a safe haven for their businesses and property
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For decades, Singapore has been recognized as Southeast Asia's financial and wealth management hub.
PHOTO: ST FILE
Yang Min, Zhou Wenmin and Cai Xuejiao
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BEIJING (CAIXIN GLOBAL) - When Chen Xi and her family searched for their first home in Singapore after relocating from Beijing, they realized their budget for the right kind of property would need to be a lot higher.
The impact of the pandemic meant new housing developments in Singapore were on hold, and with the reopening of the border, foreigners were arriving en masse to work and study, which meant demand far exceeded supply in the island state.
