24 May '11, 5pm

16% of private home buyers in S'pore in Q1 are foreigners: DTZ

SINGAPORE : Foreign buyers accounted for 16 per cent of private home purchases in Singapore in the first quarter of this year, setting a new record high, according to real estate consultant DTZ Research. The previous high of 15 per cent was recorded in the fourth quarter of 2007. DTZ defines foreign buyers as non-Singaporeans and non-permanent residents. Singaporeans' share of private property purchases fell to 67 per cent in the first quarter, from 70 per cent in the previous three months. The proportion of mainland Chinese among non-Singaporean buyers - comprising foreigners and PRs - hit a new record high of 24 per cent in the first quarter of 2011. It is the first quarter that Chinese nationals are the top foreign purchasers of residential properties in Singapore. "The residential market appears to have taken the January 2011 cooling measures in its stride," said Ms Ch...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

Tweets

Singapore leads office rental growth in Q1: Sin...

sg.news.yahoo.com 25 May '11, 8am

Singapore, along with China and India, has led the growth in office rentals and demand for office space in the Asia Pacifi...

How to contain the effects of foreign buying of...

singaporemind.blogspot.com 25 May '11, 9pm

The Singapore landed property is still below market value as compared to other property including HDBs. The reason is that...

Is this S’pore’s priciest home? | Fit to Post Property - Yahoo! News

Is this S’pore’s priciest home? | Fit to Post P...

sg.news.yahoo.com 26 May '11, 5pm

This home on Marine Parade Road is selling for about S$100 million. (PropertyGuru) A single-storey conversion bungalow at ...

Private home prices up slightly in April: NUS I...

channelnewsasia.com 30 May '11, 5am

SINGAPORE: Private non-landed home prices in Singapore rose slightly in April according to the Singapore Residential Price...

Why there is a society stigma on bisexuality

sg.news.yahoo.com 29 May '11, 6am

Fit to Post is migrating to improve your experience on Yahoo! News. (AP file photo) You may be wondering why you haven't b...

S'pore luxury home prices moderate in Q1: By Julie Quek | Posted: 06 June 2011 1815 hrs SINGAPORE : Prices of lu...

S'pore luxury home prices moderate in Q1: By Ju...

channelnewsasia.com 06 Jun '11, 10am

SINGAPORE : Prices of luxury homes in Singapore have moderated in the first quarter of this year due to property cooling m...