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In Depth: Why Relocating Mainlanders See Singapore as a Safe Haven for Their Businesses and Property

By Yang Min, Zhou Wenmin and Cai Xuejiao
2022年06月16日 20:18
Chinese entrepreneurs, professionals and their families are moving to the Southeast Asian country in droves
Chinese entrepreneurs, professionals and their families are flocking to Singapore in droves. Photo: VCG

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.

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