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Dear CG,

Only those above the age of 21 can legally own property in Singapore, however you can hold the property in trust for him/her such that your child is the beneficial owner of the property until he turns 21.

Often times, banks would have an issue granting a mortgage over trust property, however since you are paying in full cash there is not such problem.

You should seek the advice of a lawyer to structure the necessary for you.

Warmest regards,

Natasha Goh
LL.B (NUS)Hons
Sales Manager (SRI5000)
Reg No: R045004B
Mobile - (65) 9834 3604 
SRI5000 - Division of SLP Realty (Reg: L3009793I) Read More

AGE 21 :)
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In Singapore, the legal age to purchase private property is 21 years old. This means a child under 10 cannot hold property in their own name.

However, parents can buy property on behalf of their minor children through a trust arrangement. In this case, the parents act as trustees holding legal ownership, while the child is the beneficial owner. When the child turns 21, the legal title is transferred to them, and the trust ends.

Keep in mind that purchasing property under trust involves certain legal and financial considerations, including Additional Buyer’s Stamp Duty (ABSD) and potential financing restrictions — typically, full cash payment is required.

If you’re considering this route, it’s wise to consult legal and financial experts. I can also help connect you with trusted professionals for advice. Feel free to reach out to me at 9657 6701  . I’m Aren from PropNex. Read More