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I am a foreigner in Singapore currently on a EP. I want to invest into a new project (under construction) with a a budget of 700-900K (preferably on the east side). Are there any good projects which are offering promotional schemes such as stamp duty rebates etc for foreigners? I will be interested in hearing from agents if you have any good options for me.

Manish
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6 Answers

Hi Mr. Manish,

There isn't many projects in the east now with stamp duty rebates but they are some which are offering limited period discounts.
At present, east side under construction projects within your preferred budget include:
The Santorini at Tampines Avenue 10,
The Glades at Tanah Merah
Oceanfront Suites at Jalan Loyang Besar (Pasir Ris)

Do you need more details about the latest starbuys?

For a Foreigner purchasing a residential property, the typical breakdown are as follows:
5% cash
15% CPF (if applicable)
80% bank loan
3% Buyer Stamp Duty
15% Additional Buyer Stamp Duty
3k Legal Fees

So you could have to prepare 38% (of purchase price) of funds upfront within 8 weeks. May I speak to you to understand your investment objectives further? There are also projects outside the eastern region worth exploring, I would glad to share more and value-add to your portfolio. Thank you and I hope to hear from you soon!

Warm regards,
Ivan ERA
 97432395 
ivanng10@gmail.com Read More
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Good Day Manish,

The top new project that I would recommend is The Santorini, not only the pricing is one of the most attractive in the east at the moment but the potential growth is high due to upcoming mega plan for Tampines North nearby.

Due to the softening market during its launch period, developer carefully priced its units 10-11% below the initial list price to limit the effect of ABSD for buyers like yourself and has kept the pricing since then.

More recently, the developer MCC Land has offered additional 1% Star Buy discount on selected units including 2 bedrooms 753sf from $787,000 that are well within your price range.
For more information including site map and floor plans, kindly visit:
http://www.propertyguru.com.sg/listing/18089436/for-sale-the-santorini

For other new projects in the east that might be of interest to you, kindly check out the following:
Vue 8 Residence - 2BR 700sf from $798,720 or 3BR 1044sf from $901,888
http://www.propertyguru.com.sg/listing/18246810/for-sale-vue-8-residence

The Glades- 2BR 570sf from $800,600
http://www.propertyguru.com.sg/listing/17815218/for-sale-the-glades

City Gate – 1BR 431sf from $834,000
http://www.propertyguru.com.sg/listing/18225473/for-sale-city-gate

There is also a highly anticipated upcoming project in District 15, at the doorstep of the future Marine Terrace MRT Station. Should you like to be kept updated of its progress, please contact me to indicate your interest.

PropNex is the developers’ appointed marketing agency for all the new projects mentioned above, you may access through any of us for the latest information and promotions.

Thank you and have a pleasant day.

Warm Regards,
Karrien N. Chan
CEA Reg. No.: R052532H
Mobile: +65 822 50 212
Email: karrien.realty@yahoo.com

Powerful Negotiators
No. 1 Team in PropNex Realty Pte Ltd
L3008022J Read More
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Johnny Goh Mui Huat
Dear Manish,

I would like to recommend eCo near Tenah Merah MRT station, many development are going on at that vicinity.

Developer is giving good discount right now.

Feel free to call me and I can give your more details.

Thanks and Regards
Johnny Goh
R018297H
Team Associate Director
OrangeTee.com Pte Ltd
Mobile: 90906267 
Email: johnny.goh@orangetee.com
Website: johnny-goh.com Read More
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Hi Manish
New launch condo called The Glades is by Keppelland and Vanke. Jewel of the East. They are well known leading developer. It is 1-2 minutes walk to Tanah Merah MRT interchange line, meaning there are 2 MRT lines. One that goes to city, bedok, simei, tampines and pasir ris. Another one goes to Changi business park and expo and Changi airport. It has a shelter link walkway from condo to MRT station. In additional, there will be another new further downtown east mrt line within 500-1KM from the Glades. Imagine, 3 MRT serving your needs. There is also be further retail mall opp the Glades and upcoming 4th university , plus 5 new changi airport terminal. Imagine, the glades is well connected by MRT and expressway and lots is amenities. Each train station from Bedok, Tanah merah,simei, tampines and pasir ris, changi point and changi airport mega mall have a shopping. Isnt it amazing to find such a good project with good ameniites

TOP is 2017
Total 726 units
1br as low as 679k
2br as low as 810K

Call me for no obligation discussion for showflat viewing
I will walk through with you the whole process
Josephine Khiew ERA
 97898186 
Developer Appointed agency sales Core Team
newlaunchforsale.com Read More
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Dear Manish,

Before we even proceed further, are you aware of the financial commitments required for foreigner to purchase a property in Singapore as well as worked out your financial commitments and loans proper to derive the purchasing budget?

In terms of investment, are you purely considering residential properties where you maybe using for self consumption or you are open to investing in commercial and industrial properties which is likely to give you better returns in time to come based on the cooling measures introduced by the government for residential properties where the ending is still nowhere in sight?

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop

Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now!

Thanks to all those who have attended our vastly successful even on 2nd and 3rd August 2014, M.O.R.E Landed Dynamic Alliance Landed Homes Sales Exhibition! Register your interest with me today if you are looking to attend our next edition of the Landed Homes Sales Exhibition. Read More
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Hi Manish

Please contact me now for urgent presentation.
only 10 units of a waterfront condo project beside a upcoming MRT station.

Only going for $750,000 1BR.
Best thing about it is completion in 2015 Q2.

Act Fast.

Gary Chang 81883186  Read More
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