What Happens If My Property Developer Defaulted?

Given that Chinese property developer Logan Group failed to make its interest payments and hence defaulted, what will happen to its projects in Singapore? In this episode, we explore the options homebuyers have in such situations.

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Published on 07 Dec 2022 • 1 min(s) read
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Last year, China’s property sector started to crumble under the weight of its huge debts. While the real estate crisis in China might seem far away, the world is so interconnected that ripple effects can be felt across the globe.

Did you know Logan Property has residential projects in Singapore? Logan Property made its debut in the Singapore property market with its Stirling Road project. It also bought up the Florence Regency complex in Singapore. As the property slump deepens and the Shenzhen-based developer halted interest payments on its bonds, have you ever wondered what happens if your property developer defaulted?

Tune in to this episode as we invite Jeffrey Ong, from Azimut Investment Management who is a property investor himself, to share his insights.


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