How and what to buy..

A clear, step-by-step guide to purchasing Singapore property with 60% ABSD tax exemption

Singapore Property Guide for Foreign Buyers

Find the Right Property in the Right Location

Singapore offers a wide range of residential properties to suit different lifestyles, investment goals, and budgets. Whether you're purchasing your first Singapore home or expanding your international property portfolio, choosing the right property is key.

Types of Properties Foreigners Can Buy

Private Condominiums/ Apartments

The most popular choice for international buyers. Private condominiums provide excellent facilities including swimming pools, gyms, landscaped gardens, security, and concierge services. They are ideal for both owner-occupation and investment.

Luxury Condominiums

Located in Singapore's prime districts, luxury developments offer premium finishes, exceptional facilities, concierge services, and prestigious addresses. Ideal for buyers seeking exclusivity and long-term value.

Commercial Properties for investment

Some investors choose offices, retail units, or commercial shophouses to diversify their portfolios. Commercial properties generally follow different tax rules from residential property, making professional advice essential.

Best Locations for Foreign Buyers

Marina Bay

Singapore's iconic financial district.

Perfect for professionals, investors, and those seeking luxury waterfront living.

Orchard Road

Singapore's most prestigious shopping and residential district.

Ideal for luxury buyers who value convenience and exclusivity.

River Valley

A favourite among expatriates.

Offers excellent connectivity, vibrant dining options, and proximity to Orchard Road and the CBD.

Tanjong Pagar

Modern city living at its finest.

Popular with professionals working in banking, finance, technology, and multinational corporations.

Holland Village

A charming lifestyle enclave known for its cafés, restaurants, and relaxed atmosphere.

Especially popular with expatriate families.

East Coast & Katong

A perfect blend of heritage and modern living.

Residents enjoy beach access, cycling paths, renowned local food, shopping centres, and family-friendly neighbourhoods.

Let's know your lifestyle needs, investment goals and budget, my sale agents will be able to find something that suit.

Please feel to contact us here

Purchase timeline

The complete process typically takes 3-6 months from start to finish

Verify eligibility

Confirm your citizenship status and ABSD exemption eligibility

Provide proof of citizenship

Review FTA requirements

Confirm property type eligibility

Secure financing

Arrange mortgage pre-approval with Singapore banks

Submit financial documents

Get mortgage pre-approval

Understand loan terms and conditions

Property viewing and selection

Start viewing your properties with the assistance of our sales agents

Select shortlisted properties

Conduct property inspections

Submit offer and negotiate terms

Legal process

Complete legal documentation and due diligence

Engage local property lawyer (we can recommend conveyancing lawyers)

Sign Option to Purchase

Complete title searches

Review property documents

Completion

Finalize purchase and receive property keys

Sign Sale & Purchase Agreement

Pay stamp duties

Complete mortgage drawdown

Receive property keys

Contact Us

Book a free consultation to verify your ABSD eligibility and explore options

Step-by-step guide to purchasing Singapore property

Frequently asked questions

Common questions from foreign buyers about purchasing Singapore property

Can I get a mortgage as a foreign buyer?

Yes, Singapore banks offer mortgages to foreign buyers. Typically, you can borrow up to 75% of the property value (Loan-to-Value ratio). Requirements include proof of income, employment, and creditworthiness.

What other costs should I budget for?

Beyond the property price, budget for: Buyer's Stamp Duty (BSD) at 1-6% of property value, legal fees (typically SGD 2,500-5,000), property agent commission (if applicable), and property tax (annual, based on property value).

How long does the entire process take?

From eligibility verification to completion, the process typically takes 3-6 months. This timeline can vary based on financing approval, property availability, and legal processes.

Can I rent out the property?

Yes, you can rent out your property. Singapore has strong rental demand, especially in prime districts. Rental yields typically range from 2.5% to 5% annually, depending on location and property type.

Do I need to be in Singapore to complete the purchase?

While physical presence is helpful, it's not always required. Many steps can be completed remotely with proper legal representation. However, you may need to visit for property viewings and final signing.

What happens if I sell the property later?

You can sell your property at any time. Seller's Stamp Duty (SSD) may apply if you sell within 3 years of purchase. Capital gains from property sales are generally not taxed in Singapore.

125A Lor 2 Toa Payoh #02-138

Toa Payoh Town Council

Singapore 311125

email: ask@sgtaxfreehomes.com

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