6 Answers

Hi Mark
Americans can buy their 1st property (condo or apartment) without any ABSD (additional buyer stamp duty) that other foreign buyers are supposed to pay IRAS. I just sold a private apartment in D2 last week to an American gentleman. So, YES to your your question. Please contact soonest me via my mobile.
Cheers!

Elan Govan
MABA (Lancaster)
 90170747 
jayelan@gmail.com
www.goodpropertiesguide.com Read More
0
Hi,

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 you could and there be no ABSD for the 1st property.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Tan Pei Cheng (Pei)
Hi,
I would be glad to assist you.
Feel free to contact me at 97100155  .
Hope to hear from you soon.
Pei
Associate Group Director
Propnex Realty Pte Ltd

https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More
0
Hi Mark,

Yes foreigners are eligible to purchase most condominium developments, but not public housing or landed properties. As an US national citizen, you need not pay ABSD on your first residential property due to our Free Trade Agreements.

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
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0
YT Tan (陈永达)
Good morning Mark,

Yes you are definitely eligible to purchase real estate (private housing except landed in mainland) in Singapore.

Due to the existence of free trade agreement between Singapore and United States, you will be accordance the same tax treatment as Singaporean even though you are a foreigner.

This will mean 30% tax savings (additional buyer's stamp duty) as a foreigner.

Care to share your preferred location/ project, requirements and budget?

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

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1
Hi Mark,

Foreign buyers are welcome to purchase any non-landed private residential property in Singapore, but as an American, you will enjoy similar tax privileges like a Singapore Citizen where you will not be subjected to any Additional Buyer's Stamp Duty for your 1st residential property in Singapore. This is why we are seeing significant number of buyers from US snapping up units here in Singapore.

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
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