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On Chinese Foreign purchases account for a third of housing in Singapore

23.08.2011
Homesoverseas.ru editorial office
55
For the inhabitants of "mainland" China accounts for almost 30% of foreign purchases of housing in Singapore, or 8% of all purchases of residential real estate, reports online edition of the Property Report . The report said that 650 housing units, despite the fact that in May, were sold in June in Singapore - only 100 units. Residents of "mainland" China bought nearly half of all sold homes in the second quarter more than $ 1.2 million. Buyers of the most dominant in Singapore more affordable housing sector (up $ 413,000).
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