Ms Low, the procedure is simple.
But there are some complications in getting a bank loan. You might want to identify the type of property and budget 1st. The local government has recently introduced a Total Debt Servicing Ratio that makes it a long process to get a loan approval. On top of that, foreigners have to pay an additional 15% Foreigner Stamp Duty...
At this point, I am not sure if you still want to move ahead. But seriously, if you are buying for investment purpose, Singapore has still got some properties worth looking at.
You may contact me via email at LawrenceCSTan@gmail.com or
+65 93365201
. I am a WhatsApp subscriber. I am also on TANGO and LINE.
Read More