FOREIGN OWNERSHIP OF PROPERTY
https://www1.sla.gov.sg/property-boundary-n-ownership/foreign-ownership-of-property
Procedure for Purchase
https://www.singaporeexpats.com/guides-for-expats/procedure-for-purchase.htm
Step-By-Step Guide For Buying Property In Singapore As A Foreigner
https://www.propertyguru.com.sg/singapore-property-resources/singapore-buy-property-guides/step-by-step-guide-for-buying-property-in-singapore-as-a-foreigner-12304
Buying Property in Singapore as a Foreigner
Buying property in Singapore as a foreigner
6 Steps in Buying a Condo in Singapore for Foreigners
Can foreigners buy property in Singapore?
Additional Buyer’s Stamp Duty (ABSD)
https://www.iras.gov.sg/irashome/Other-Taxes/Stamp-Duty-for-Property/Working-out-your-Stamp-Duty/Buying-or-Acquiring-Property/What-is-the-Duty-that-I-Need-to-Pay-as-a-Buyer-or-Transferee-of-Residential-Property/Additional-Buyer-s-Stamp-Duty–ABSD-/
Exceptions For Foreigners To Own Landed Properties
To be eligible to apply for ownership of a landed property in Singapore, there are certain criteria to be fulfilled;
- Applicant is a permanent resident of Singapore
- A foreigner who contributes to the economic benefit of Singapore
- A foreigner who possesses qualifications, skills or experience that provides value or benefit to the economy of Singapore
If the foreigner fulfils any of the above stated criteria he may be granted approval for ownership of a landed property for residential use by following the steps below.
- Fill up Form A (downloadable with this link)
- A non-refundable application fee of $900 is to be made in favour of “Singapore Land Authority”
- Submit Form A to “Singapore Land Authority Land Dealings (Approval) Unit 55 Newton Road #12-01 Revenue House Singapore 307987” together with the supporting documents stated in Form A
The application takes approximately 3 months to process and once approval is granted, the foreign purchaser must undertake that the property is to be used solely for residence and not for any sort of income-generating purposes or investment. The in-principle approval has an expiry date of 6 months from the approval date.
It is also important for the foreign purchaser to include the additional clause within the Option to Purchase or Sales Agreement;
This sale and purchase is subject to the Purchaser obtaining the approval from the Land Dealings (Approval) Unit before completion. In the event that such approval is not granted, the sale and purchase herein shall be annulled and all monies paid shall be immediately refunded free of interest and neither party shall have any claim against the other thereafter.
Landed Home Buying Tips For Foreigners
All you need to know about buying a landed home in Singapore
BSD & ABSD Singapore — How Much in Stamp Duties Do Property Buyers Pay in Singapore?
https://blog.moneysmart.sg/property/absd-singapore-bsd-stamp-duty-calculator/
The Essential Guide to Buyer’s Stamp Duties in Singapore
If you are a citizen with a spouse who is neither a Singapore Citizen nor a Singapore Permanent Resident (SPR), you may be eligible for the:
Can foreigners buy Property in Singapore? Step-by-Step Guide
Can a Singaporean married to a foreigner apply for an HDB flat?
Eligibility for Foreigners to Purchase Restricted Residential Property
https://sharonanngoh.com/buy-sell/foreign-ownership/
Property curbs couldn’t stop ultra-wealthy and foreigners from buying luxury homes in Singapore
https://sbr.com.sg/residential-property/in-focus/property-curbs-couldnt-stop-ultra-wealthy-and-foreigners-buying-luxury
What expats should know before buying their first home in Singapore
https://www.theonlinecitizen.com/2018/04/11/what-expats-should-know-before-buying-their-first-home-in-singapore/
Thinking about buying property in Singapore?
Buying Property in Singapore
Buying property in Singapore as a foreigner
Properties Selling Below Valuation
5 Ways To Build Your Wealth With Property Investment 5 Useful Tips From Experienced Practitioners.
Investing in Property in Singapore
Why residential property prices won’t be coming down despite cooling measures?
Mortgage Mistakes To Avoid When Buying A Home
https://www.linkedin.com/pulse/mortgage-mistakes-avoid-when-buying-home-subramanian-veeramani/
Is your property an asset or a liability?
https://www.linkedin.com/pulse/your-property-asset-liability-mani-subramanian-veeramani/
3 Ways to turn your home into an asset, not a liability
Costs You Need to Consider Other Than Property Prices
Guide To Investing In Property
Benefits Of Hiring EXCLUSIVE Real Estate Agent For Buying/Selling Homes
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