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Hi Christine,

Yes foreigners are allowed to purchase most apartments and condominiums in Singapore, including leasehold and freehold condominium developments.

For Australian nationals, the downpayment and stamp duties will amount to approximately 58% of the purchase price (25% + 33%), assuming a 75% home loan is not an issue. There are no capital gains tax upon the sale, but there is a seller's stamp duty if the property is sold within the first 3 years of holding period. Property taxes will also be payable yearly at approximately 10% of the Annual Value if its non-owner occupied property (typically less than $10k per year).

Hope the above clarifies. May I have more info and requirements about your plans so as 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

SEAA Salesperson Achievement Award 2021 (Gold)
SEAA Singapore Accredited Mortgage Planner (SAMP)

ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
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Hi Christine

Yes, foreigner is allowed to buy private apartment and condominium in Singapore.

For the purchase of apartment and condominium, there is a Buyer Stamp Duty (BSD) which is on a scaling % to 4% based on the price of the property or valuation whichever is higher. There is an Additional Buyer Stamp Duty which is at 30%.

There is no capital gain or inheritance tax at this moment. However, if you sell within the 1st 3 years, Seller Stamp Duty applies which will be depended on the period of holding.

There will be a property tax which will determine on whether its owner stay or tenanted.

Current Goods & Services Tax will be 8% and 9% next year.

The above is a broad taxes pertaining to owning, selling and holding the property.

You may text 9620 0827  or email at gavinngyt@gmail.com (do send me a text that you are emailing) for further explanation as it would not be possible to state everything here.

Warmest regards

Gavin Read More

Good evening Christine,

Yes foreigners are eligible to purchase private housing like what you mentioned and including landed in Sentosa as well.

Being a foreign purchaser, you will be subject to 30% additional buyer's stamp duty on top of 3 to 4% buyer's stamp duty.

Being a property owner, you will need to pay property tax on an annual basis.

Understand that your intention is for own usage, do you have any preferred location, requirements and budget in mind?

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

Contact:
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Email: yt.tan91115171@gmail.com

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To find out what’s the estimated valuation of your existing house, try our SRX property tracker.

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Hi Christine,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, yes sure and no issue at all. But do take note of the ABSD payable.

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

Hi Christine,

Yes, foreigners are welcome to purchase non-landed private residential properties in Singapore. In fact, Singapore is 1 of the more popular locations for foreigners to purchase real estate as investment.

In terms of payment terms, the downpayment will be minimum 25% of the purchase price if you are eligible for maximum loan of 75%, and stamp duties involved will be up to 34%. Miscellaneous fees like legal fees will also be applicable. There is currently no capital gain tax applicable on property in Singapore but do take note that you will be subjected to annual property tax (for non-owner occupied units, rates are higher). If you are planning to sell in the short term, do take note that there will also be stamp duty applicable if you sell within the first 3 years of purchase, but should you sell after 3 years of purchase, this stamp duty for sale will not be applicable.

We have a couple of exciting projects lined up for launch this quarter and if you happen to be in Singapore, we can make arrangements to show you around.

I have been in the real estate business since 2009, with more than 13 years 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 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

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Landed Dynamic Alliance
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Hi Christine

1) Foreigners are eligible to puchase non-landed private property such as condo and apartments in Singapore.

2) Foreigners can even qualify for a mortgage if meet certain requirements.
Do you intend to take loan for your purchase?
If yes, Before shortlisting project/unit, I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.

3) May I know what is your nationality and do you have Singapore PR?
As it will affect the tax (Additional Buyer Stamp Duty/ABSD)

4) Based on $1 mill, and assuming loan is 75%
5% Cash = $50,000
20% Cash/CPF = $200,000
BSD (Cash/CPF) = $24,600
ABSD (Cash/CPF) = might apply
Legal fee = $2,500 (estimated)
Please contact me at (65) 96608508  and I can share you the breakdown for this calculation including timeline.

5) How many bedrooms are you looking at and which area you prefer?
I have current price list, promo of every projects in Singapore and will be glad to advise you

I have assisted many foreigner purchase their Singapore property and will be glad to assist you as well
No agent fee from private property buyer
Appreciate if you can contact me at (65) 96608508 
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Will be glad to assist you via zoom as well
Thank you.

Warmest regards,

Silvia Yang

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

Hi

Yes. Foreigners are allowed to purchased a non-landed property development in Singapore. For buyer stamp duty, besides the normal range of 3% to 4%:
First 180K of value or purchase price whichever is higher: 1%
Next 180k of value or purchase price whichever is higher: 2%
Next 640k of value of purchase price whichever is higher: 3%
The rest of the amount: 4%
an additional 30% ABSD is required. Only nationals and permanent residents of Iceland, Liechtenstein, Norway, or Switzerland or nationals of USA can be exempted from the ABSD requirements. My service for purchasing of private property is 100% free. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
Marketing Director
ERA Realty Network Pte Ltd
CEA Reg No: R061697B
Contact No: 93375051  Read More

Hi Christine,

Yes, foreigners are eligible to purchase non-landed private properties in Singapore.

Do drop me a WhatsApp message for further discussion on your property purchase.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

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

Hi Christine,

1) The only restriction for foreigners on buying private property in Singapore is only refraining from buying a landed property.
2) A foreigner can buy as many studios, apartments,s or condominiums as they wished.
3) A 30% additional buyer stamp duty is imposed on a foreigner buying any private residential property in Singapore, on top of the normal 3% buyer stamp duty.
4) This is something you must keep in your mind when planning your budget.
5) As long as you don't rent it out, the annual property tax will be under the occupier category.
6) The govt will not penalize you for not staying in regularly.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more queries, please feel free to contact me at 90110636 , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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