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We will be moving to Singapore for employment purposes, we are fforeigners. My question is: Are we allowed to buy property? I understand that there is the S/D of 3% on purchase price - S$5400 and ABSD of 15 %. As a foreigner are we eligible to buy a property to live in, instead of renting ? Grateful for your expert advise.
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3 Answers

Dear sir/madam, It seems that you are very well informed in terms of the various stamp duties involved in the purchasing of a residential property in Singapore. Yes, as a foreigner working in Singapore, you enjoy the similar rights to purchase a residential property here like anyone else. You will just need to ensure that you have the relevant funds transferred into Singapore for the financial obligations to purchase the property here, as well as making arrangements for the housing loan. I have a team of consultants primarily working on foreigners who are looking to relocate to Singapore regardless to be on rent or purchase. Wherever necessary, I can make arrangements for 1 of them to be in touch with you, to understand more about your requirements. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** The Game Is Changing... International Property Opportunities Await! Don't Be Left Behind! More and more investors are seeking offshore real estate for investment. Have you missed out on the last international property fair? Let me know if you are keen in overseas investment. Thanks once again for turning up for our gala openhouse on 16 Nov. We had more than 30 guests who made their way down to our openhouse in collaboration with our developer. Do watch out for more activities and bargains in this space. Read More
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Hello, Yes as a foreigner you are eligible to buy Private Residential Property in Singapore. You may write to me on realproperty63@yahoo.com.sg and let me know your requirements and your budget and I shall accordingly update you on the projects to consider. Regards, radhika Prakash DTZ - 93380071  Read More
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Hi, you are eligible to purchase private ppty (i.e condo, apartment) for own stay. Of course when you purchase a ppty that you would need to factor in the stamp fee and additional stamp fee as what you rightly point out). If you do intend to take up a loan then you had to speak to a banker first to qualify the amount of loan you are eligible. If you do require banker, lawyer contact do also feel free to approach me as well. My email is kelvinchen.era@gmail.com and my mobile is +65 84282282  Read More
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