| The proportion of foreign home buyers in Singapore shot to its highest level ever in Q1 2011, according to research by DTZ. Foreigners bought 16 per cent of all homes sold in the quarter, the highest quarterly percentage since data was made available for analysis in 1995. The previous high was 15 per cent in Q4 2007.
The research report is based on caveats lodged for both new and secondary sales. Caveats lodged are used as a proxy for sales transactions, thus the terms ‘transactions’ and ‘caveats’ are used interchangeably in this report..............................................Full Article: Source
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