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Hello, I am a Malaysian currently working in USA and planning to move to Singapore. My question is: Do I need to be a Singaporean to purchase a property and what are the restrictions for a foreigner like me in order to buy a property in Singapore
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3 Answers

Hi,

Foreigners are only eligible to purchase private condominium / apartments or landed properties in Sentosa. However, please note that effective from Jan 12,2013 , foreigners are to pay 18% stamp duty on the purchase or acquisition of any residential property (for more information, you can visit http://www.iras.gov.sg/irashome/page04.aspx?id=12832).
Hope this helps.

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