27 May '13, 4am

London still needs Singapore buyers

May 27, 2013 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share By Andrew Batt : Property developers from London still need buyers from Southeast Asia despite a notable increase in the number of British buyers who have returned to the market in the last few weeks. Singaporeans were the leading overseas buyers of off-plan prime central London property last year. Sales to local buyers are still strong but in the last month the market has seen a resurgence of British buyers. More overseas nationalities, including those from North Africa and the Middle East, have been buying in London in greater numbers this year. Tim Pettman, Regional Sales Manager of Berkeley Homes, said: “Singapore is an important part of our business.” He added that his company has no plans to reduce the number of projects it plans to showcase to local buyers. Pettman was speaking at the Singa...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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