A group of visitors from China listen as their guide speaks about public housing policies, at the Housing...
A group of visitors from China listen as their guide speaks about public housing policies, as they stand around a model of a public housing estate to be launched at the Housing Development Board (HDB) gallery in Singapore January 15, 2013. The visitors were on a study trip in Singapore. Singapore and Hong Kong now have identical 15 percent levies to slow the foreign money that has added fuel to their overheated property markets - measures that will help first-time buyers but throw the spotlight on investors' next targets. The curbs on residential real estate purchases could shift demand to retail and industrial spaces, diverting billions of dollars to those sectors as well as to housing markets in the United States, Canada, Australia and Malaysia. Picture taken January 15, 2013. REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS REAL ESTATE)