Overseas Buyers Drive Singapore's Prime Property Prices Up in Q1

IPINglobal.com, 26 Apr 2011
Residential property buyers from mainland China are helping to push real estate values in Singapore to new market highs, according to the latest figures.
Jones Lang LaSalle has reported significant increases in the price of mass market private apartments in the first quarter of the year, with the average cost of a home now standing at SD 1,935 per square foot in prime areas. The consultancy noted that the prime market continues to be dominated by foreign buyers. Full Story