Transaction volume by foreign home buyers fall 26.1% in 1Q2020
SINGAPORE (EDGEPROP) – Based on the residential status of homebuyers in Singapore, the number of foreign home purchasers have fallen the most by 26.1% to 215 units in 1Q2020, compared to other statuses, according to Edmund Tie’s Private Homes Report for June 2020.
Overall, the number of new sales decreased by 12% q-o-q to 2,149 units in 1Q2020. Transactions of resale units fell by a larger 16.8% q-o-q to 2,025 units in the same period.
Original Article: https://www.edgeprop.sg/property-news/transaction-volume-foreign-home-buyers-fall-261-1q2020
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