Even as wealth flows into S’pore, number of private homes bought by foreigners continues to shrink

SINGAPORE – Singapore’s property market has seen a significant drop in foreign buyers over the past year, even as global wealth continues to accumulate in the city-state. From May 2023 to April 2024, only 321 condominium units were sold to foreigners, down from 1,054 units in the previous 12 months, according to Urban Redevelopment Authority […]