Hi,
1) Foreigner is only allowed to purchase a non-landed private residences unit.
2) Other than foreigner who are citizen or PR of USA, Switzerland, Iceland, Liechtenstein, Norway, all are subject to 20% ABSD (Additional Buyer Stamp Duty) on top of the BSD (Buyer Stampe Duty)
3) The higher loan anyone could obtain to purchase private property is 75%. The rest has to top up using cash. This amount is determined by MAS (Monetary Of Singapore) thus no exception to anyone.
Other than the above, there is nothing different from local who wish to purchase the property.
To purchase a residential unit, you should be at the following:
1) Budget: How much you have on hand and how much you wish to commit
2) Location: Where is your ideal location and whether this matches your budget.
3) Size: How big you wish to have.
4) Design: What kind of property design you are looking for, sea view, greenery view, pool view, etc.
5) Height: How high you wish to stay or only on the ground floor.
6) Others: shall be the lesser importance but still take into consideration when coming to select the final unit.
Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
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