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Foreigners' share of home purchases creeping up

However, absolute number of transactions is lowest since Q1 2009

oreigners' share too has been creeping back up, touching 10 per cent for the first quarter. Although this is still low compared to the pre-ABSD proportion of 19 per cent - PHOTO: REUTERS

[SINGAPORE] Private home purchases fell across the board in the first three months of this year to just over 2,000 units - the first time in more than five years that the number has dropped below 3,000 homes. However, foreigners' share of transactions edged up because of a sharper pullback by