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.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you