6 Answers

D. Kumar
Hi Karen,

As a foreigner, you are eligible for a freehold condo mostly.
As for cluster, I would say most/all have restrictions against foreigners. We could nonetheless work out some alternatives should you be extremely keen!

I do have on hands a couple of foreigner eligible freehold condominiums that boosts of amazingly unique attributes and have immense upside capital potential.

Please feel free to contact me at 96659926 for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner.

I will walk you through the entire process- assisting you all the way from finding the perfect property to negotiating for the best price to post deal paperwork, to establishing financial calculations and ascertaining risks.

To value add your understanding, I will provide you with a comprehensive sales report of properties in the desired location, make available to you recent live sales transactions caveats for your understanding,share on financial calculations/ loan related matters and make available rental yield projections, if needed as well as future capital appreciation stakes. As the transaction of a property involves matters of finances and legality, I have my partners whom I work closely with to assist you immediately on all queries pertaining to the relevant field, which makes it hassle free! Furthermore, since you are not liable to pay me any agent fees, why not let me shoulder the stress of the technical aspects of your purchase while you savor the process!

Visit my website to view my testimonials & recent awards to gather more information on me: www.kumarrai.com

Look forward to hearing from you!

D Kumar
+65 96659926
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

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Rix Jim
Hi Karen, Thank you for your interest in Singapore Real estate. currently, there is no restriction on Foreigners purchasing condos in Singapore, however foreigners are only able to purchase landed properties in restricted areas. you will also have to take note of the loan requirements as well as the taxes duties. Do drop me a call or e mail for a more detailed discussion on your proposed purchase.
Cheers
Rix Jim
9687 1379
rix.jim@hotmail.com
Propnex Read More

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Aaron Chong
Hi Karen, there is no restriction for foreigners buying any type of condo in Singapore. But pls note that the stamp duty payable for foreigner will be at 18%. Pls feel free to let me know if you need any assistance.

Regards
Aaron
97308455
aaronchong2774@yahoo.com.sg Read More

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YT Tan (陈永达)
Good morning Karen,

It's great hearing from you.

Do take note as a foreign buyer, you will be subject to a total of up to 18% stamp duties for your purchase (estimated 3% buyer's stamp duty and 15% additional buyer's stamp duty as a foreigner).

And foreigners are allowed to purchase condo and apartments (be it leasehold or freehold) in Singapore. But foreigners are only eligible to purchase landed in Sentosa and not Singapore mainland.

Hope my explanation helps!

If you need any assistance/ advice on your property needs, feel free to contact me. Cheers!

YT Tan
9111 5171
yt.lovelyhomes@gmail.com Read More

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Gary Chang
Hi Karen
additional points to note below
1) 15% ABSD Remission for Citizenship - Iceland, Liechtenstein, Norway, Switzerland, USA
2) No restriction on Condominiums. There are certain strata-landed houses within Condominium estate that are not under foreign ownership restriction. Do call me for the projects that you can choose from.
3) Do check with your banker on available loan facilities or I can refer some diligent bankers to you.

Gary Chang 81883186 Read More

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Geryl Lim
Hi Karen,

In general, all landed homes (less those located on the island of Sentosa) are restricted properties where only Singapore Citizens are eligible, however, there are a handful of projects where foreigners can purchase and these are properties within a condominium project. More importantly when purchasing a property in Singapore is the financing aspect as the authorities have in place various measures to cool the hot market, restricting loan amount (60% TDSR as well as ABSD), therefore before making any moves, it is best to speak to a fincially qualified person for advise and assessment first.

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

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

Regards,

Geryl LIM

Real Estate Director

CEA Reg R014783H

Mobile: +65-81577565/+65-92787772

Email: geryl7772@gmail.com

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