More foreigners buying new private homes in Singapore

The China Post, 18 Dec 2010
SINGAPORE -- Foreigners were out in force in the property market last month, snapping up almost one in three new private homes in Singapore.
Market analysis from DMG & Partners Research shows that just under 30 percent of new private residential units were sold in November to foreigners or permanent residents (PRs).
This marks an 8-percentage point gain on the 22 percent seen in October.
The growth appears to come from Chinese buyers, who are increasingly making their presence felt. Full story

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