SINGAPORE - The crisis surrounding China’s property sector continues to rumble, but Singapore property developers and banks with operations in that country may escape without serious harm, said market watchers.
That is because Singapore developers in China are not saddled with the liquidity problems afflicting their Chinese counterparts. And some have dodged a bullet because they mainly have operations in cities relatively unaffected by the crisis.
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