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Property Investment

With its strategic geographical area and economic growth, Singapore property is always in great demand for not only Singapore citizens and PR, but also investors who are looking for profit in the vibrant market conditions. While rumors of million-dollar HDB flats continue to fuel the craze, is property investment as profitable as it has been portrayed to be? Let’s find out.


Guide To Invest A House In Singapore


Public Residential Housing

Private Residential Housing

Executive Condominium

Apartments, Landed Property

Who can make the purchase?

● Singapore Citizen

● Singapore Permanent Resident

● Singapore Citizen

● Also, be a family nucleus with at least another Singapore Citizen or Permanent Resident

● Singapore Citizen

● Foreigner can buy villas and townhouses in Sentosa Island

Eligibility

● Must be at least 21 years old if purchasing the HDB flat with:

-Spouse and/or children

-Parents and siblings

-Children under your legal custody (if you’re widowed or divorced)

● At least 21 years old if you’re widowed or orphaned

● At least 35 years old if you’re single or divorced with no kids


*Note: A single (unmarried) person is restricted to a 2-room Flexi unit under the new Build To Order (BTO) scheme.

First time buyers,

● Must be at least 21 years old, if you’re purchasing with your family members, are widowed or orphaned

● At least 35 years old if you’re single (unmarried) or divorced with no kids

● Your average gross monthly household income must not exceed S$16,000

● You must not own or dispose of any private property within 30 months

● You must not have bought directly from HDB twice (include HDB resale flat with CPF Housing Grant)


If purchase an Executive Condominium from the open market (resales EC):

● Must be at least 21 years old


For Foreigner:

● Can only buy ECs that are at least 10 years old

● Must be at least 21 years old

● To buy landed property, you need to be a permanent Singapore resident for at least 5 years.

● You need to make “significant contributions” based on your income assessable for tax in Singapore.

Minimum Occupation Period (MOP)

● 5-20 years (depends on mode of purchase

● 5 years from the Temporary Occupation Permit (TOP) date for your EC

None

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5 Steps For Property Investment in Singapore
  • Eligibility
    Eligibility
    In Singapore, foreigners are not allowed to buy Singapore public houses, and landed property, but only private apartments
  • Financial Status
    Financial Status
    Ensure you have sufficient funds and loans to honor the purchase of the said property.
  • Scheduling an Appointment
    Scheduling an Appointment
    Book with us now for a FREE house tour
  • Choose Your Dream Home and Make a Deposit
    Choose Your Dream Home and Make a Deposit
    Generally, a new building requires an upfront 5% deposit from the property value.
    For resale properties, 1% of deposit is needed to be paid to the owner.
  • Appoint a lawyer and go through the formalities
    Appoint a lawyer and go through the formalities
    A qualified lawyer needs to be appointed to complete the purchase of the property.
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