Good afternoon Sean, seems like you have a lot of doubts. If I am not able to answer all your queries, probably you can drop me an email. Btw as you have known, foreigners are only allowed to purchase a private property (inclusive of resale EC that are at least 10 years old). Public housing are only meant for Singaporean and SPR. SPR household must fulfill SPR status of 3 years before they can purchase HDB. SPR household will be subject to 5% additional buyer's stamp duty on top of usual estimated 3% buyer's stamp duty. While foreigner will be subject to 15% ABSD on top of estimated 3% BSD. Thus as a foreigner, your initial outlay will be 20% downpayment (provided you can obtain 80% bank loan), estimated 3% BSD and 15% ABSD. So with $300k cash on hand, you probably can purchase a $790k property. If you need any assistance in your property purchase, feel free to contact me via email, whatsapp or we chat. Cheers! YT Tan ECG Property
9111 5171
yt.lovelyhomes@gmail.com
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