{"id":110277,"date":"2019-08-28T10:06:16","date_gmt":"2019-08-28T03:06:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreigners-comprise-23-of-month-to-date-private-condo-buyers\/"},"modified":"2019-08-28T11:03:09","modified_gmt":"2019-08-28T04:03:09","slug":"foreigners-comprise-23-of-month-to-date-private-condo-buyers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreigners-comprise-23-of-month-to-date-private-condo-buyers\/","title":{"rendered":"Foreigners comprise 23% of month-to-date private condo buyers"},"content":{"rendered":"


\nWith Urban Redevelopment Authority data showing that non-Singaporeans made up 23 percent of private condominiums buyers, Jefferies Singapore said Singaporean buyers accounted for 80 percent of the incremental transactions \u2013 which is on the higher side of historical trend.
\n\u201cBuyers from China, Hong Kong, Taiwan and unspecified origin constitute 16 percent of the transactions which is lower than 18 percent reported earlier. Inflows may be channelled into commercial properties,\u201d said Krishna Guha, analyst at Jefferies Singapore.
\nShe believes that some of the inflows may be part of assets under management of family offices, reported Singapore Business Review.
\n\u201cThis may be deployed into commercial properties including strata office\/retail properties.\u201d
\nOther geographies like Australia and UK could be attracting some flows also, said Guha.
\n\u201cThis is primarily from children\u2019s education perspective. Investors who are comfortable with emerging market risk-return profile are keen on properties in Thailand. Prices are range-bound, new sales volume steady.\u201d
\nPrices of non-landed private rose 0.2 percent month-on-month in July on the back of new launches, while resale prices dropped 0.5 percent month-on-month during the period. Month to date, new sales stood at 435 units.
\nLooking to buy a Singapore home but not sure where to start? Get insight on the best locations for your new home with our\u00a0AreaInsider\u00a0Guides.
\nFiona Ho, Digital Content Manager at PropertyGuru, edited this story. To contact her about this or other stories, email\u00a0fiona@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Foreigners comprise 23% of month-to-date private condo buyers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

With Urban Redevelopment Authority data showing that non-Singaporeans made up 23 percent of private condominiums...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-110277","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sGF","jetpack-related-posts":[{"id":27229,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-factors-benefit-luxury-home-market-in-singapore\/","url_meta":{"origin":110277,"position":0},"title":"Foreign factors benefit luxury home market in Singapore","date":"September 26, 2016","format":false,"excerpt":"\r Singapore\u2019s luxury home market is thriving thanks to factors in other countries, such as stamp duties in the UK. The tax amnesty in Indonesia may not be the only thing driving sales in Singapore\u2019s luxury home market, reported Singapore Business Review, citing Jefferies. According to the American global investment\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99832,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/morgan-stanley-expects-home-prices-to-increase-amidst-curbs\/","url_meta":{"origin":110277,"position":1},"title":"Morgan Stanley expects home prices to increase amidst curbs","date":"October 15, 2018","format":false,"excerpt":"\r Housing prices in Singapore are expected to increase by up to 10 percent by the end of next year. Despite the new housing curbs, Morgan Stanley expects home prices in Singapore to increase by up to 10 percent by end-2019 and to double by 2030, reported Bloomberg. Morgan Stanley\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36534,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-foreigners-buying-homes-in-singapore\/","url_meta":{"origin":110277,"position":2},"title":"More foreigners buying homes in Singapore","date":"November 30, 2016","format":false,"excerpt":"\r JLL recorded an increase in foreigners buying private homes in Singapore. Singapore\u2019s private residential market attracted even more foreign buyers during the first nine months of this year (9M 2016), according to the latest report from property consultancy JLL. In 9M 2016, foreigners \u2014 excluding PRs (permanent residents) \u2014\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96129,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-prices-to-fall-by-up-to-15-on-property-curbs-propnex\/","url_meta":{"origin":110277,"position":3},"title":"Home prices to fall by up to 15% on property curbs: PropNex","date":"August 16, 2018","format":false,"excerpt":"\r The drop in home prices in Singapore could appeal to home buyers. With the new property cooling measures, PropNex Realty expects private home prices in Singapore to drop by 10 to 15 percent \u2013 which could appeal to first-time home buyers irrespective of the five percentage point reduction in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112777,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-residential-price-increase-in-singapore-unlike-other-cities-imf\/","url_meta":{"origin":110277,"position":4},"title":"Private residential price increase in Singapore unlike other cities: IMF","date":"November 30, 2019","format":false,"excerpt":"\r Private residential prices in Singapore appear to have \u201cdecoupled\u201d from the worldwide chase for property rental yields\u00a0since 2013, as wealthy foreign buyers continue to exert their influence on the city state, according to The Business Times citing a study by the International Monetary Fund (IMF). According to the IMF\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/11\/singapore-property-market-foreign-buyer-demand-chart-table.png?fit=1200%2C703&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":120165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-purchases-by-foreigners-picked-up-following-circuit-breaker\/","url_meta":{"origin":110277,"position":5},"title":"Private home purchases by foreigners picked up following circuit breaker","date":"February 4, 2021","format":false,"excerpt":"\r The figures rebounded to 69 units in June 2020 as\u00a0Singapore\u00a0emerged from the circuit breaker, before peaking at 81 units in August. Despite travel curbs remaining in place, the number of private homes acquired by foreigners picked up following last year\u2019s circuit breaker, reported The Business Times (BT). Data collated\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/Reflections-at-Night.png?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110277"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=110277"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110277\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}