13.10.2011 - Singapore: Landed property: Fewer foreigners to get approval

With changes to the Residential Property Act (RPA) in January, Law Minister K Shanmugam expects the number of approved foreigner's purchase of landed property here to be cut by more than half. Shanmugam said approvals are given to applicants who are making a "very significant economic contribution" or if the family is rooted in Singapore with children doing national service..............................................Full Article: Source

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