23 Jan '14, 6am

#ChinaBubble #LOL #GlobalREBubble 'Chinese Emerge As Top Non-Singaporean Private Home Buyers' via @SGPropertyGuru

Jan 23, 2014 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share The Chinese emerged as the top non-Singaporean buyers of private homes here amid a 35 percent drop in private home acquisitions by foreigners last year. Among the top four nationalities, the biggest drop came from the Indians while the smallest came from the Chinese. Based on caveats analysis by DTZ, private home acquisitions by the Indians dropped 52.5 percent to 460 homes in 2013 from 968 in 2012, while acquisitions by the Chinese fell just 16.9 percent to 1,479 houses from 1,780 in 2012. Furthermore, as acquisitions by the Malaysians dropped 36 percent to 1,303 houses in 2013 from 2,037 in 2012 and the Indonesians by 41.7 percent to 880 units from 1,510 units in 2012, the Chinese are irrefutably at the top of the group of non-Singaporean private home buyers. The resilient demand from the Chines...

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

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