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Foreign buying of Singapore private homes drops to 17-year low in 2020 - Vimarsana News

Foreign buying of Singapore private homes drops to 17-year low in 2020

SINGAPORE (BLOOMBERG) - Foreigners snapping up private apartments in Singapore declined to a 17-year low last year as travel restrictions and lockdowns in various countries deterred them from coming to the city-state. Purchases of units fell to 742 last year, according to real estate consultancy firms ERA Realty Network and OrangeTee & Tie. That's the lowest since 2003, when non-permanent residents bought 671 units, based on analysis of government data as at Tuesday (Jan 26) that takes into account new, sub-sale and second-hand apartments. Singapore's two-month lockdown last year put a stop ...

Despite recession, 2020 sees Singaporeans snapping up private property | Singapore - Vimarsana News

Despite recession, 2020 sees Singaporeans snapping up private property | Singapore

Monday, 21 Dec 2020 07:08 AM MYT Given the exuberance of the property market in the second half of the year, some real estate agents say 2020 iss one of their best years. — TODAY pic Subscribe to our Telegram channel for the latest updates on news you need to know. SINGAPORE, Dec 21 — Despite a pandemic and an economic recession, it has been a surprising year for the property market. Property buyers began snapping up new homes as soon as the circuit breaker eased and they could visit showrooms again, contributing to a seesawing of private home sale numbers in the final months of the year ...