Retailers say some buyers are now conscious of attracting unwanted attention. Read more at straitstimes.com.
Supreme Cars said vehicles under the $300,000 mark continue to sell steadily, and sales of models above $700,000 are holding up well.has not impacted the sales of luxury goods here, but retailers say some buyers are now conscious of attracting unwanted attention.
“There’s maybe a 10 to 15 per cent decrease in people buying watches that cost more than $60,000. I think some clients are trying to keep a low profile after the case was reported in August,” he said, adding that sales figures for watches below the $50,000 mark have not changed.
Meanwhile, high-end bungalow sales are set for their worst year in nearly a decade, with just eight sold as at the end of September, according to data compiled by the real estate company. This compares with 20 mansions sold in 2022. He added that bigger spenders are not worried about the ongoing investigation as their funds are from legitimate sources.
Regulated dealers are businesses that are registered under the Ministry of Law’s Precious Stones and Precious Metals Act.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Big Read in short: What's driving Singapore's coffee craze?SINGAPORE — Whenever marketing executive Martin Chu travels overseas, he would often create whole itineraries around the coffee joints that he intends to visit.
Read more »
Me & My Money: Founding a business started entrepreneur on path of long-term investingAround one-third of Ms Joylynn Tan's savings is invested in assets such as exchange-traded funds. Read more at straitstimes.com.
Read more »
$2.8b money laundering case: Su Wenqiang is a China fugitiveSINGAPORE — One of the 10 people accused in Singapore's largest money laundering case was not just a foreigner when he came to Singapore in 2021. He was a fugitive on the run from the Chinese authorities, said the prosecution on Thursday (Nov 2). This was revealed at the bail review for Cambodian national Su Wenqiang, 31. His application for...
Read more »
Private credit is giving banks a run for their moneyIt is becoming a serious rival to banks for all kinds of businesses, from real estate firms to start-ups. Read more at straitstimes.com.
Read more »