property singapore
Login
Username:
Password:
forgotten password?

Latest HDB Flat Sales
For Sale HDB Flat in D21 - Clementi | Upper Bukit Timah | Ulu Pandan, $408,000


5rm hdb for sale at central toa payoh, $1


Woodlands for sale, $390



Latest Condo/Apartment Sales
3 bedroom high-floor, bright spacious breezy unblocked. just renovated. full condo facility, $1


Jurong Lakeside District; Lakeside Tower @Yuan Ching Road; Enbloc Potential , $1,180,000


Bedok Court For Sale, $0


3+1 Bayshore Condo for Sale with Existing Tenancy, $1,300,000



Latest Landed Property Sales

Latest Office Sales

Latest Shop Sales
Unblock View! Low rental! Bedok Reservoir Road Shop for Assignment/ Takeover, $119,000 2



Latest Factory Sales
Real Estate Investment , $0 1



Latest Land/Hotel/Others Sales
$7/Sq.Ft Residential Plots With Gated Community, $7





Foreigner Buying Property In Singapore




As there is an increase in foreigner buying property in Singapore in recent years, we have created this information page for those who are keen to invest in Singapore property. Read and understand foreign ownership of property in Singapore before you commit to buy one.

Since 1973, the Singapore Government has imposed restrictions on foreigner buying property in Singapore under the Residential Property Act. Under this Act, foreigners are allowed to purchase non-restricted residential property, to acquire or purchase restricted residential property, foreigner will need to obtain prior approval of the Minister for Law.

Foreign Person

Under the Act, a foreign person means any person who is not any of the following:

  • Singapore citizen

  • Singapore company

  • Singapore limited liability partnership

  • Singapore society
Singapore Permanent Resident (SPR) is also considered a foreigner.

Restricted Residential Property

Under the Act, restricted residential property refers to:

  • vacant residential land

  • landed property - detached house / bungalow, semi-detached house / semi-d, terrace house, linked house and townhouse

  • landed property in strata developments which are not approved condominium developments under the Planning Act.
Exception

Since Aug 2004, the Government has relax the rules for foreigner buying property in Singapore . The state has allowed foreigners to buy both land parcels and completed homes at Sentosa Cove. Although they would still need to seek approval from the Land Dealings Unit, it would be an express approval within 2 days (6 weeks for application to own other lands or landed properties). Foreign buyers will also be exempted from applying for Qualifying Certificate and 3 security bond but there are some terms and conditions they have to abide to.

Non-Restricted Residential Property

Under the Act, Non-Restricted Residential Property refers to:

  • any apartment within a building

  • any unit in an approved condominium development under the Planning Act

  • Note: A foreign person is not allowed to acquire all the apartments within a building or all the units in an approved condominium development without the prior approval of the Minister for Law.

  • a leasehold estate in restricted residential property for a term not exceeding 7 years, including any further term which may be granted by way of an option for renewal.

Properties that are not under the purview of the Residential Property Act

HDB Flat

HDB flat is a public residential property in Singapore and come under the jurisdiction of the Housing & Development Board (HDB), a statutory board under Ministry of National Development (MND). Foreigners are not allowed to purchase new HDB flat from HDB, but Singapore Permanent Residents (SPR) are allowed to purchase HDB resale flat from the open market. HDB also have a Non-Citizen Spouse Scheme which allows a Singapore citizen with a non-citizen spouse to buy an HDB flat from the resale market.

Exception

Executive Condominiums (EC) is a type of HDB flat that were introduced to cater to Singaporeans, especially young graduates and professionals who can afford more than an HDB flat but find private property to be out of their reach. ECs are comparable in design and facilities to private condominiums as they are developed and sold by the private developers. From 11th year, all restrictions will be lifted. Foreigners and corporate bodies can buy ECs in the open market from 11th year of the EC project.

Commercial And Industrial Property

In Singapore foreigners are allowed to own Commercial and Industrial land or landed properties but shophouse which is not strata subdivided and is erected on land which has been zoned Residential is considered Restricted Property so foreigners are not allowed to buy without approval from the government.

Although HDB shophouses are built buy HDB (Housing & Development Board), there is no restriction on foreigners so long they are above 21 years of age and are not an undercharged bankrupt except for those zoned residential.

Latest Singapore Property Cooling Measures - 8 December 2011

  1. Foreigners and non-individuals (corporate entities) buying any residential property will pay an ABSD ( Additional Buyer's Stamp Duty ) of 10%;

  2. Permanent Residents (PRs) owning one and buying the second and subsequent residential property will pay an ABSD ( Additional Buyer's Stamp Duty ) of 3%;


Return From Foreigner Buying Property In Singapore To Home Page


Join Us on Facebook Join Me On Facebook Follow Me on Twitter Follow Us On Twitter Property Singapore Feed Subscribe To My Feed



Copyright © 2012 - 2015 Property-Singapore.Sg. All rights reserved.
Assistance
To Find A Buyer
To Find A Tenant
To Find A Property

Latest HDB Flat Rental
No agt fee, approved HDB, pls call 94463102, $2,200


For rent - bukit panjang, $2,000


BRAND New! Blk 522C Tampines Central 7 3+1 room, $2,900


room for rent in Ang Mo Kio * near MRT *, $600


Jalan Batu off Mountbatten Rd, close to CBD, $2,400


Two common room for rent at Bedok Reservoir Rd, near Eunos, $550


Two common rooms for rent at Bedok Reservoir Rd. near Eunos, $550



Latest Condo/Apartment Rental
bayshore park.1 bedrm tastefully f/f condo @S$2300/- only, $2,300 12


For immediate rent- loft style studio at One North (steps to mrt) 4.9m ceiling furnished only $3XXX, $3,888 4


master room for rent near kallang/lavender mrt to 3 mins walking distence, $1,200


BURLINGTON SQUARE, 2-BEDROOMS CONDO UNIT. FULLY FURNISHED WITH AIR-CON. AVAILABLE - IMMEDIATE., $3,700


[For Rent] D27 Eight Courtyards - 2-Bedroom Unit, $2,800


$3.6K 2 bedroom near ORCHARD , $3,600 1


For rent - Brand new (corner) furnished 1-bedroom condo @ Parc Rosewood, from $1800, $1,800 1



Latest Landed Property Rental
Telok Kurau - MRT, Amenities, Renovated, Fully Aircon, $4,300



Latest Office Rental
Business centre has office space for up to 4 persons for rent , $650


Office space for one to four persons for rental, $650


Office Space For Rent, $2,200


Light Industrial at Chancerlodge Complex Sims Ave for Rent, $2,350 3


Light Industrial at Chancerlodge Complex Sims Ave for Rent, $3,600 3


103 sq ft Office room at Bukit Merah for rent, $600 1



Latest Shop Rental
Rarely Available Office Space For Takeover - Roxy Square 2 Shopping Centre (D15), $3,300



Latest Factory Rental
Small Storage Space @ Synergy Kaki Bukit for Rent, $1,100 1


Boon Lay factory/storage space, $0



Latest Land/Hotel/Others Rental