6 Answers

Hi Mr Ee, some of the cooling measures to take note are ABSD, SSD and TDSR. The ABSD is 15% for foreigner but some country are exempted. You procedures is to start with getting IPA from any local bank. To advise you with more details, I would suggest we discuss via email.

I am reachable at my mobile or email.

CK Ang
 9046 3808 
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  • EH
    What are the total charges ? I am a cash buyer with a budget of max SGD10M. I would like to concentrate around Shangri-La hotel but within walking distance of Orchard.
Hi,

Yes definitely foreigners can purchase freehold/99yr leasehold condos. May I know which condo caught your eye? Will be glad to understand your priorities and requirements further. Thanks and hope to speak to you soon.

Warm regards,
Ivan ERA
 97432395 
Ivanng10@gmail.com Read More
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YT Tan (陈永达)
Good evening Mr EE,

Yes of course, a foreigner like you is able to purchase a condo (strata titled property) in Singapore.

But do bear in mind that you will be subject to additional buyer's stamp duty of 15% as a foreigner.

This outlay will be on top of initial outlay of 20% downpayment (provided you obtain 80% bank loan) and estimated 3% buyer's stamp duty.

Hope my explanation is helpful.

Btw which part of Orchard are you looking at?

If you need any assistance in your property purchase, feel free to contact me via email or mobile as Propertyguru doesn't prompt us for any reply to our post.

Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
District Director
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More
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Karrien N. Chan
Good Morning Mr. Ee,

Thank you for your interest in Singapore properties and for considering Singapore as your future retirement choice.

As my fellow colleagues have earlier explained, foreigners are allowed to buy freehold condos here.

The following is a summary of Cash Flow for maximum SGD10M Cash budget:
Property Value Up To: $8,400,000
BSD (Buyer Stamp Duty, 3%-$5,400): $246,600
ABSD (Additional Buyer Stamp Duty, 15% For Foreigners): $1,260,000
*Foreign nationalities with ABSD exempted: USA, Iceland, Liechtenstein, Norway and Switzerland
Lawyer’s Conveyancing Fees: Less than $5,000
Balance for New Furnishing & Miscellaneous: $88,400

My agency/group have the following freehold condos for your considerations:

Orange Grove Residences by Ho Bee Group FH/2009 3BR 3671sf $2,179psf $8m
*Next to Shangri-La Hotel, Renovated with modern and designer interior

Ardmore II by Wheelock Properties FH/2010 4BR 2023sf $3,054psf $6.2m
*Next to Shangri-La Hotel, Top Floor-Level 36, View of Bukit Timah Reserve and Orchard Road

The Orion by Aquila Development FH/2008 4BR 1776sf 2,650psf $4.7m
*Along Orange Grove Road, Above Level 10, May consider buying 2 units here to rent out 1 for additional income

As we do not get prompted when you respond here, kindly contact us directly for additional query or to arrange viewing.

Thank you and have a pleasant weekend.

Warm Regards,
Karrien N. Chan
Project Sales Team: D15 70 St. Patrick’s / D18 The Santorini
CEA Reg. No.: R052532H
Mobile: +65 822 50 212
Email: karrien.realty@yahoo.com

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PropNex Realty Pte Ltd L3008022J

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Hi Mr Ee,
Yes, you could. How many bedrooms are you currently looking at?
I do have 1 & 2 bedroom at Scotts Square Residential for Sale.
Pls feel free to contact me for more discussion.
Thanks
Kelvin Chen, ERA Realty Network Pte Ltd
 +65 8428 2282 
kelvinchen.era@gmail.com Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ 82798327  -

Why Should HDB Sellers engage me? Contact me @ 82798327 

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