Business @ AsiaOne

Foreign buyers venture out

Overseas buyers have become keen on districts 11, 22 and, surprisingly, 12, which is the Balestier area.

Sun, Nov 15, 2009
The Straits Times

By Joyce Teo

FOREIGN property investors are spreading their wings and venturing out of the traditional prime areas to snap up homes in other parts of the island.

A new study has found overseas buyers have become keen on districts 11, 22 and most surprising of all, 12, which is the Balestier area.

A Savills Singapore study found that districts 9, 10 and 15 have remained the top spots for foreign buyers over the past three years.


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