More foreigners buying new private homes in Singapore

The China Post, 18 Dec 2010SINGAPORE -- Foreigners were out in force in the property market last month, snapping up almost one in three new private homes in Singapore.Market analysis from DMG & Partners Research shows that just under 30 percent of new private residential units were sold in November to foreigners or permanent residents (PRs).This marks an 8-percentage point gain on the 22 percent