No one's too big to fail in China's property market

Source: https://www.straitstimes.com/business/property/no-ones-too-big-to-fail-in-chinas-property-market

China’s Evergrande Group recently faced a downfall due to the outbreak of Covid-19 in its country. Compared to Singapore, projects such as JadeScape still stood strong against the recession, even almost selling out all its units. Singapore’s property market is thus seen to be stronger and more stable against fluctuations in the economy than China’s making JadeScape a low-risk long-term investment.

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