(SINGAPORE) Among the top foreign buyers of private homes last year, Asians (excluding Indonesians) primarily bought units in the $500,000 to $1 million range, while most Western buyers (Australians, UK and US citizens) picked up homes mostly in the $1.5-5 million range. Indonesians were in the same category as the Western buyers, with the $1.5-5…
(SINGAPORE) A higher proportion of private home buyers turned to the resale market in Q4 2009 to pick up their dream homes instead of visiting a developer’s showflat. Fewer launches by developers in Q4 and the removal of the interest absorption scheme in September last year probably contributed to this shift. Jones Lang LaSalle (JLL)’s…
Fourth quarter’s rise brings increase for last year to 1.7%; mass market the star. PRIVATE home prices shot up 7.3 per cent in the final three months of last year, allowing 2009 to finish in positive territory after a horror start. Yesterday’s flash estimates indicated that prices overall increased by 1.7 per cent last year…