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How a couple got duped into two bad overseas property deals
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Unless you are very familiar with the country that you are investing in, it is risky to dabble in such real estate.
PHOTO: ADOBE STOCK
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The saga where a Singapore couple bought into two dubious overseas property projects is a stark reminder of the way an appealing “cheap” deal can fast turn into a costly nightmare.
With even a small new private apartment here going for close to $1 million or more, it is certainly tempting for investors to succumb to the lure of owning a foreign property that costs as little as $50,000.
