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I want to buy a condo in Singapore purely for renting out and for passive income. Can I as a foreigner buy a property in Singapore and if yes where shall I buy to get good rent?

Asked by Avinash 1 Aug 2011 • 886 views

2 Answers

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Ann Khoo · Answer 1 · 2011-08-02T11:27:02+0800

Ann Khoo

Replied 2 Aug 2011

Hi Avinash,

For investment, any area near MRT would be the best. There is a new launch near Sengkang MRT, if you are keen, send me your contact details i.e. mobile or email etc and I will keep you in the loop once it's launched.

Regards
Ann
ERA
Mobile: 96223999 Read More

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Steven Chua · Answer 2 · 2011-08-02T11:27:09+0800

Steven Chua

Replied 2 Aug 2011

Hi Avinash,

Yes, foreigners can buy private and commercial properties in Singapore with restrictions on certain types of properties like landed.

Your best measure of good rent would be to look at rental yield of the selected property.

If you need more information, please contact me.

Best Regards
Steven Chua
Mobile : 8188-3133
email : stevenchuahk@gmail.com Read More

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