6 Answers

Hi Yes its possible, do contact me at 97970200  to discuss more

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MCG Read More
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Hi, yes a foreigner can also take up a loan of between 70 to 80% of the purchase price. The stamp duty payable is at 18%. Pls feel free to let me know if you need any assistance.

Regards
Aaron
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aaronchong2774@yahoo.com.sg Read More
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Hi

Generally yes. Will need to know more about your business.

You may pay the property fully in cash.

For the purchase transaction, you will need to pay for the Buyer Stamp Duty and the Additional Buyer Stamp Duty.

There are other taxes and you may want to write to gavin.ng@orangetee.com for further information.

Regards

Gavin Read More
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Hi,

Good day to you! You can most definitely take a loan from the bank - maximum loan 80% (depending on credit status). As a foreigner , please take note you will be liable for 15% additional buyer stamp duty , in addition to a standard buyer stamp duty of 3% (<$1mil). The initial cash outlay :
5% Cash
15% CPF , Total 20% downpayment

I am currently assisting a number of foreign clients and will be glad to go over the entire procedure in depth. From financial calculations , to planning timeline , shortlisting projects for your perusal to explaining the entire admin : legal avenues. At the same time , I will be able to shed a greater insight to the market and share transaction caveats customised report for your understanding. Please do contact me for further assistance and looking forward to value adding your purchase.

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Dear sir/madam,

Bank loan for foreigners with foreign income is possible as long as the income is recognisable by the banks, and you will be subjected to Additional Buyer's Stamp Duty as shared by my fellow professionals.

If you are intending to settle the purchase using cash, then the full amount of the purchase price has to be settled upon the completion of purchase transaction.

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YT Tan (陈永达)
Good evening Sir/ Mdm

You are eligible to take up a bank loan in Singapore but it will be subject to assessment.

Let say you are eligible for max 80% bank loan, you are required to fork out estimated 38 to 39% of the purchase price.

Breakdown:
1) 20% downpayment
2) estimated 3 to 4% buyer's stamp duty
3) 15% additional buyer's stamp duty as foreigner
4) legal fees varies around $3k
5) mortgage stamp duty $500 (if taking loan)
6) valuation fee etc

If you wish to pay fully by cash also not an issue at all. I recently assisted a US citizen to purchase a residential property with full cash along with my colleague.

I will go through the timeline in which which are the payments are required at different stages.

Hope my sharing aids in clearing your doubts.

May I know how can I value add further and make your purchase seamlessly as foreigner in Singapore?

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