Chart of the Day: Chinese buyers dominate foreigner home sales in 2019

5.2% of home sales in January-November came from foreigners and PRs from China.

This chart by DBS Bank reveals that foreigners and PRs who are active in the property market were mainly from China, taking up 5.2% of total PR and foreigner transactions in the first 11 months of 2019. It is followed by Malaysia (3.0%) and India (1.8%).

Likewise, within the core central region (CCR), buyers from China (8.4%), Malaysia (3.3%) and India (2.3%) emerged as the more dominant buyers from other countries.

Singapore permanent residents (PRs) accounted for 14% of the 18,400 units transacted in the first 11 months of 2019, whilst the remaining 6% came from foreigners.

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