Country Garden's Forest City isn’t really for the high rollers, but for the mainstream middle-class in China who want to own property abroad, just like the wealthy do.
Chinese citizens have so little assets to invest in China, and the housing bubbles in the past few dacades made the confidence in real esates investing embeded deeply in their minds. Though by the look of the current real estate policy in china, I think the next generation would be more realistic towards real estate investing. And "overseas payments" is just hard these days, no way to move funds out of China easily.
by car will be 2-4 hours due to the border crossing - it may actually be quicker to fly to Malaysia, KL or eventually to JB airport which has some international flights.
Chinese citizens have so little assets to invest in China, and the housing bubbles in the past few dacades made the confidence in real esates investing embeded deeply in their minds. Though by the look of the current real estate policy in china, I think the next generation would be more realistic towards real estate investing. And "overseas payments" is just hard these days, no way to move funds out of China easily.
Actually from Changi Airport the travel time
by car will be 2-4 hours due to the border crossing - it may actually be quicker to fly to Malaysia, KL or eventually to JB airport which has some international flights.