Chart of the Day: Check out this profile of private homebuyers in 2Q13

Foreign buyers dropped to 21%.

According to Knight Frank, based on caveats lodged data available as at 2 July 2013, the proportion of foreign homebuyers, including  Permanent Residents (PRs) and non-PRs (NPR), decreased to 21.0 per cent in 2Q 2013, which is lower than 26.7 per cent in 1Q 2013 and the average proportion of 22.2 per cent in 2012.

Local homebuyers account for majority of the private home transactions. Foreign investors who are new to the Singapore housing landscape would still prefer prime residential properties in Districts 9, 10 and 11 as safe bets. 

Here's more from Knight Frank:

However, high-end residential segment currently remains quiet due to the high price quantum and the Additional Buyer’s Stamp Duty measure. 

Foreigners residing in Singapore and are more familiar with the local environment are beginning to venture into suburban areas, given the lower price quantum of mass market residential properties and the convenient public and private transport accessibility in Singapore. 

Nonetheless, the proportion of foreign buyers is still low compared to Singaporeans as long as the current cooling measures remain in place. 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.