CNA938 Rewind - Million-dollar views, million-dollar losses? Reality of Singapore’s luxury property market
Singapore’s luxury property market promises prestige, prime locations and an exclusive lifestyle but not always strong returns. Hairianto Diman and Justine Moss look at why some homes in Sentosa Cove and Marina Bay have been sold at significant losses, what limits their resale appeal, and what owners can do when the market falls short of expectations. For more, they speak with Nicholas Mak, Chief Research Officer, Mogul.sg.