Foreign buyers are not out pricing locals in the Singapore property market, figures suggest

[Nicholas Wallwork]

The number of foreigners owning private property in Singapore has increased 16% in the first half of 2011, the latest government figures reveal. This increase compares with a rise of just 12% for the whole of 2010 and has raised concerns that overseas owners are pricing out local people from the housing market. However, National [...]

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[Dave_Velasco]

I guess Singapore is anyway, doing their best for this one. They have been under such situation for their foreign buyers and they need to improve more and change somewhat their system.