Mainland Chinese buyers have emerged as the biggest group of foreigners buying residential property in Singapore this year, according to the latest research from global real estate services firm DTZ.
Over April to June, residential property sales grew a strong 20 percent from the previous quarter, with the Chinese buying 640 properties during that period — 100 units more than in the first quarter of the year, according to the report.
Buyers from the Mainland accounted for 26 percent of all purchases made by foreigners. Full story
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