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Hi, I'm a EP pass holder and doing a professional job in Singapore. I want to buy a condo and rent the whole unit. My questions are,
1. Can I buy a private condo and rent out the whole unit.
2. Can I apply for a bank loan.
3. After I go back to my country in 2,3 years still can I keep my condo in Singapore?
4. Can I buy a condo around 800K
Please advise me (Little bit urgent).
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2 Answers

Hi Sanj;

Yes,you can buy a private condo in Sg under foreginer status and rent out the whole unit.Yes,you can apply for bank loan to finance for your purchase.You can keep the condo for as long as you want,even when you are no longer staying in Sg.I have a few new launches that are great for investment with high potential rental yield.Feel free to contact me if you have further queries.Thanks

Regards;
Lyna Song
ERA
 96238442 
lynasong@hotmail.com Read More
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Johnny Goh Mui Huat
Hi Sanj,

Below are the answers to your questions,

1) Yes, you can buy private condo and rent out whole unit.
2) Yes, you can take a bank loan, you may want to walk in to any bank and enquired more details
3) Yes, you can still keep your condo after you go back to your country
4) Yes, you can buy a condo at $800k, but not in central area

Lastly, you may want to take note that foreigner are subject to additional stamp duty.

Hope that I had answered your questions.

Feel free to contact me if you need my assistance.

Thanks and Regards
Johnny Goh
R018297H
Dennis Wee Realty Pte Ltd
Group Director
Mobile: 90906267 
Email: johnnygohmh@dwg.com.sg
Website: johnnygohproperty.com Read More
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