Property Hunter Magazine October Issue 2014 | Page 76

/// International Property News

More Foreigners Turn Their
Backs on Singapore Luxury
Property

Rich Chinese Seeking Safe Haven for Their Money
Park Funds in Aussie Property

A television news report in Australia

According to the report,
the top groups of nonSingaporeans buying up
property here consist
of Malaysians, mainland
Chinese, Indonesians
and Indians.
On the other hand, the
share of Singaporeans
in this price bracket
held firm at 16 percent
between H2 2013 and
H1 2014.
“The impact of the ABSD
and TDSR frame v