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Hi,

Yes no issue, SPR can purchase local residential even if they own overseas property. They can purchase as many private condo as they want, just that the down payment and taxes will be correspondingly higher.

For SPR 1st local residential property,

Assuming Singaporean PR 1st residential purchase, typical breakdown for example $1m purchase as follows, assuming max 75% home loan :

5% cash 50,000

20% cash/CPF OA 200,000

8% approx for stamp duties and legal fees 27,100 (can use CPF OA if sufficient)

Max 75% home loan
($750k, 1.4% pa, 30 years, monthly mortgage $2553)

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

ERA Top 11 Achiever in June 2020 (Top 1% Company Level)
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-- EC Sellers, Private Property Buyers Dr. Chan & Ms. Xie --

I would like to compliment Mr Ivan Ng for his professional work and effort.I sent my first post in Jan 2019 and Ivan replied promptly, so I have decided to contact Ivan for follow up. My EC was not ready for sale due to MOP (another 3 months from Jan) at that time and Ivan was able to give me advices on how to proceed from there. Initially we have decided to try to write to HDB for early sale but since it was only 3 months left, eventually we waited for another 3 months while we looked for our next property. Ivan was able to arrange for new property showroom appointment at a timely manner while helping us to list for our EC for sale. We were a bit worried when our EC sale time was longer than expected due to trade war, but Ivan was able to reassure us that our EC would sell. By November, he managed to secure a buyer for our EC. Thank you. Read More

Dear sir/mdm,

There is no restriction on private non-landed residential home ownership for SPR, however, Additional Buyer's Stamp Duty can be applicable at the following rates (this is on top of the normal buyer's stamp duty applicable):

1st residential property: 5%
2nd and subsequent residential property: 15%

Under the respective FTAs, Nationals or Permanent Residents of the following countries will be accorded the same Stamp Duty treatment as Singapore Citizens:

Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland
Nationals of the United States of America

Hope the above helps.

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
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Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

Hi

There is no restriction to the number of private properties purchase for foreigner. Regardless of their overseas ownership, they are able to buy with the exception of landed properties.

You may text 9620 0827  for a casual chat. We can share with you the transaction process, the timeline and an estimated cash commitment.

Warmest regards

Gavin Read More

Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. By the way, yes a SPR can own overseas property can also purchase private property in Singapore and there is no limit to the purchase here but do take note of the stamp duty payable.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Yes you can purchase as many private properties as you like even with overseas properties. Do note ABSD for SPR will be 5% for 1st and 15% for 2nd and subsequent properties. Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More

Dear Sir/Mdm,

Yes it is possible as a SPR to own both a private residential property in Singapore and in overseas. Residential property attracts an Additional Buyer Stamp Duty of 5% for the first property and subsequent property, the additional stamp duty will be 15%.

Besides the stamp duty, you will need to set aside some funds for the down payment which is about 25% and the legal fees which is in the region of 2.5k.

It will be good to do up a financial plan first before proceeding further. Please feel free to contact me so that I can understand your situation and objectives before providing you with further assistance.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide

Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi Sir/Madam

(1) Yes
(2) Yes
(3) For PR 1st property Based on $900k, and assuming loan is 75%
5% Cash = $45,000
20% Cash/CPF = $180,000
BSD (Cash/CPF) = $21,600
ABSD (Cash/CPF) = $45,000
Legal fee = $2,500 (estimated)
Please contact me at (65) 96608508  and I can share with you breakdown for this calculation including timeline.
(4) Yes, at the moment no restriction to the number of private properties purchase for PR

How many bedrooms are you looking at and which area you prefer?
I will be glad to assist you finding the right property, no agent fee from private property buyer
I won't be able to contact you first as I do not have your contact, appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang (Silvia Yogisaputra)

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Dear client

Good day to you! I would be more than happy to assist you in your house purchasing process. I have a system whereby I can assist you to shortlist units by sending a detailed report based on your requirements against the available listings that are currently on the market for sale.

As a PR, you can own overseas and Singapore properties concurrently. Tax involved as a PR for first property will be 5% additional buyer's stamp duty. 2nd property onwards will be 15% additional buyer's stamp duty. Legal fee will be an estimation of $2800.

I will also explain to you the current property market outlook in order for you to understand why many people are taking action in today's market and the criterias when buying a private property with great potential up side. Feel free to give me a call at 81255537  or email me anytime. Hope to hear from you soon!

Warmest Regards
Thea
 81255537 
thea@theahoi.com Read More

Hi,

There is no restrictions on SPR and foreigners owning private property in Singapore. You could concurrently hold multiple overseas and local private properties.

Do take note that as an SPR purchasing a first residential property in Singapore, a 5% Additional Buyer Stamp Duty (ABSD) applies. However, if you're a Citizen of one of these five countries (Switzerland, Norway, USA, Iceland, Lichtenstein), you can be exempted from this ABSD.

You can also own multiple properties in Singapore, provided you have the funds and means of financing (TDSR/LTV). Do take note that ABSD will apply too. The amount of ABSD is dependent on your Citizenship status and number of properties owned.

I am experienced and well-versed in private transactions. I will be able to assist you in your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More