People look out from the observation tower of the Marina Bay Sands in Singapore at public and private residential apartment buildings in this 2016 file photo. Photo: Reuters People look out from the observation tower of the Marina Bay Sands in Singapore at public and private residential apartment buildings in this 2016 file photo. Photo: Reuters
People look out from the observation tower of the Marina Bay Sands in Singapore at public and private residential apartment buildings in this 2016 file photo. Photo: Reuters
Singapore

In Singapore, foreign buying of private apartments drops to 17-year low

  • Non-permanent resident apartment purchases accounted for just 4.1 per cent of total sales last year, according to an analysis of government data
  • Purchases by non-resident Chinese also slumped, but they are still flocking to Singapore because of its political, financial and legal stability, analysts said

Topic |   Singapore
People look out from the observation tower of the Marina Bay Sands in Singapore at public and private residential apartment buildings in this 2016 file photo. Photo: Reuters People look out from the observation tower of the Marina Bay Sands in Singapore at public and private residential apartment buildings in this 2016 file photo. Photo: Reuters
People look out from the observation tower of the Marina Bay Sands in Singapore at public and private residential apartment buildings in this 2016 file photo. Photo: Reuters
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