Some city state residents blame influx of foreigners
Reuters Mar 30, 2011
Wendy Cheng has been trying to buy a home for over two years but without success.
Cheng and her American teacher husband cannot afford property on the open market where a government-built apartment can fetch as much as S$700,000 (HK$4.3 million), and they have been unsuccessful in balloting for flats available from the state at a lower price.
Continue reading “Singaporeans anxious over high home prices”