Most high net worth Chinese nationals feel that Sentosa Cove properties are great value for money. -- ST PHOTO: ALPHONSUS CHERN
WHEN real estate agent Jasmine Png told her client from China that the Sentosa Cove property he was eyeing was about $15 million, he did a double take.
He asked her to repeat the amount.
'Then he asked if it was haunted because he thought it was too cheap,' said Ms Png.
He is not the only one.
Most high net worth Chinese nationals feel that Sentosa Cove properties are great value for money, costing half of what similar homes command in other cities like Hong Kong and London.
Ultra-rich Chinese nationals buying Singapore property made headlines this month when a Chinese paid $36 million for a luxury home on Paradise Island in Sentosa Cove.
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INVESTMENT: International Competitive Benchmarks and Financial Gap Analysis (Financial Performance Series)
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