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Good day,

For foreign buyers, normal stamp duty (up to 3%) and additional buyer's stamp duty (10% for foreigners) would apply.

As an example, for a $700,000 property, he will have to pay $15,600 in stamp duty plus $70,000 in additional buyer's stamp duty.

For the loan, he can get an approval in-principle done with local banks first, I'll be able to introduce bankers to him for him to decide.

In terms of investment ideas, we can discuss on his target investment returns and investment time, and with the discussion I'll be able to propose suitable ideas.

I look forward to hearing from you, thank you.

Leong BX
Orangetee
H/P: 91807174  Read More

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