None-resident deposits in Singapore jump 44% to record S$62b in April

None-resident deposit has been making their ways into Singapore at a record level. Positioning Singapore’s ecomomy as a safe-haven , Singapore property market is positioning themselves as a more stable investment tool. Hopefully this deposits will translates into sales for the Singapore’s Property market.

Source: https://www.businesstimes.com.sg/banking-finance/non-resident-deposits-in-singapore-jump-44-to-record-s62b-in-april

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