2 Answers

Terence Kuek 郭光雄
Hi,

Just focusing in Jurong area, in general, you can buy private properties(non-landed)in Singapore.

As a foreigner purchase, you will have to pay 10% Additional Buyer Stamp Duty(ABSD) on the purchase price for the residential property.
However, there are exemptions to this depending on which country you are from.

As a PR, no ABSD for the first residential property purchase. 3% ABSD only start to apply for the 2nd residential property onwards. But it also depends on who are you combining with to waive this.
There are more details to this.

You can email or call me for more info.

Terence Kuek
94870718
terence_kuek@yahoo.com.sg
R047300Z Read More

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YT Tan (陈永达)
Afternoon Sanjeev,

For property purchase, you have to fork out all these costs on top of your 20% downpayment (provided the bank is willing to loan you up to 80% of the valuation/ purchase price):

1) legal fees ($3000)
2) stamp duty for mortgage ($500)
3) 3% buyer stamp duty (-$5,400)
4) Additional buyer's stamp duty (10%) because you are a foreigner (based on you only)

Feel free to contact me if you need any assistance in your property purchase in Jurong as I have been residing in Jurong for almost three decades.

Hope to hear from you soon!

Warmest Regards,
YT TAN
District Manager
R043025D
(M): 9111 5171
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
ECG Property Pte Ltd Read More

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