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Latest Update

 

Get ready for more New Launches
All customers, get ready yourself, a lot more new launches coming up. Grab the opportunity to get yourself a property. Launches at Serangoon Ave 3, Pasir Panjang, Leicester, Kembagan, Shrewsberry and many more coming soon. Click on the above to register yourself to get more updates of these coming projects.

District 1 to 8 Updates
 Dorsett Residences @ Outram
Calling all investors, take note! Get ready for Dorsett Residences launching soon. Located just outside Outram MRT Station. An outstanding for investment not to be missed. This project is definitely a good project to embark on for capital gain. Register NOW!

New Project in Robinson Road
A new project is set to launch very soon in Robinson Road, right in the heart of our CBD area just opposite Lau Pa Sat festive market. This project is definitely a good investment item with high tenancy rate. Register now by clicking on the title to get upcoming updates on this project.

District 9 Updates
 Twin Peaks @ Leonie Hill Road 
For all customers looking for District 9 projects, here comes Twin Peaks @ Leonie Hill Road. Iconic 36 storeys twin tower is going to be the marvel in the area. Private Invitational preview now on for all those who are keen to take a look. Call us now to know more.

Grange Infinite on sale
Premium high quality, high end project just behind Takashimaya Shopping Mall. Outstanding district 9 location that is great for luxurious own stay or investment. Superior quality finishes that is uncomparable.  TOP in 2011. Call us for appointment today.

Espada prove itself worthy
 Espada is considered one the best selling project in District 9. Outstanding Somerset location great for investment or own stay. Moreover with loaded of facilities, this project has been considered and all rounder for any one. Good Returns can be expected. Call us today for appointment.

District 10 Updates
 Stevens Suites Launching Soon  
A rare location with very few new launches. Stevens Suites is located in Prime District 10 along Stevens Road. Consist of only exclusive 32 units from 1+study to 3 bedrooms and penthouses. Excellent project that calls for high rental yield and capital returns. Call us for appointment now.

 Shamrock Villas preview starting
 Shamrock Villas is holding its preview very soon. Please register asap. This 10 units strata bungalow development is definitely a project for you if you are looking for landed property. High quality good size bungalow for your selection. Call us today for appointment

 EstriVillas @ Jalan Lim Tai See
District 10 Cluster Semi-D, 39 luxurious spacious units off Sixth Avenue. Excellent quiet and cosy environment for the family. High Quality Finishes and Fittings, Booking starts now. Don't miss this project...

District 11 Updates
 368 Thomson by CDL
All Customers, fantastic sales result in 368 Thomson, in just 3 day, 130 units of the 157 units are sold. Definitely the project of the year. For those who haven't get a unit. Act Fast by calling us now for appointment. Left with 3 and 4 bedrooms only.

L'VIV @ Newton - Booking Now
L'VIV @ Newton consist of 147 units of 1+study and 2+Study with superb quality finishes. Excellent for all investors with just 20% capital outlay. Call now for appointments.

Gilstead 2 Launching Soon
Gilsteads 2 at Newton vicinity. Private Appointment Preview now on. Centralise location consisting of all 2 bedrooms units.Good project with designer's interior. Don't wait. Register for preview now. A project not to be missed.

District 14 Updates
 Excellent Sales for La Brisa  
Great Response for La Bisa at Geylang Lorong 28 on preview day. Left only 3 units of 3 bedrooms. This development is a 84 units development consist of 1, 1+study, 2 and 3 bedrooms. A nice project with good layout. Call us for cheque collection NOW!  Act Fast!

Major Project in Kembagan Coming
All Kembagan Lovers, there will be a major project coming up in Kembagan very soon. This freehold 472 units development will be located in Lengkong Tujoh. It will consist of 1 to 4 bedrooms and penthouse. If keen please click on the title to register yourself.

District 15 Updates
Haig 162 @ Haig Road
 Great Project not to miss. Haig 162 coming your way and launching soon. Good east coast location near lots of amenitites, eateries and top schools. Excellent investment property starting from just $4xxk. Call us now for cheque submission.

MelroseVille @ Rose Lane
 Any buyers looking at the East, check out Melrose Ville. This is definitely a value buy for investment or own stay. Marble quality finishes and spacious layout make this development perfect. Most importantly, it is very attractive in pricing. Left with the last few units. Call now to know more.

Tivoli Grande @ Koon Seng Road
 Call us now, hot project Tivoli Grande launching soon. Tivoli Grande a 82 units condo development is the gem to be in Koon Seng area. A good development with excellent quality finishes and well planned layouts. Definitely a good buy. Call us now to enquire and Booking!

Bella Casita Preview Now
Located at District 15 Ipoh Lane, Low Quantum, Affordable starting from only $6xxk. Excellent High Potential for Rental and Capital Yield with coming Paya Lebar Business Hub. Call now for appointments Call us NOW!

Aalto - Booking Starts Now!
 One of the most talked about project in 2007. Aalto @ Meyer road, outstanding seaview lifestyle living with superb high quality interior finishes and fittings. Luxury that is undefined. Definitely a desired lifestyle for your family. Call Now for viewing and info.

District 19 to 21 Updates
 The Scala @ Serangoon Avenue 3
Another new project by Hong Leong is coming up in Serangoon Avenue 3. This will be a hugh project consisting of 468 units from 1 to 4 bedroom units. Concept is said to be new and unique. For all who are keen in this location, Cheque collection in the progress now. Call us for procedures.

Property Search Engine

Hot Properties Launch

Aalto
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Price: $ 1,530.00
Urban Suites
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Call us for Pricing
Siglap V
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Call us for Pricing
Melrose Ville
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Call us for Pricing
The Tier
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Call us for Pricing
Home arrow Property Buying Tips arrow Foreigners Buying
Foreigners Buying Print E-mail

Rules for Foreigner Buying 

A foreign person is defined under the Residential Property Act to be: (a) any person who is not a citizen, (b) any permanent resident, (c) any foreign company or any converted foreign company, (d) any society or converted society.

3659356_thl.jpgHence, even a permanent resident is categorised as a foreigner unlike in the case of purchasing a Housing and Development Board flat, whereby a permanent resident could be the applicant or the authorised occupant of the said flat. However, it does not necessarily mean that all foreigners are restricted from purchasing residential properties in Singapore. A foreign person can still buy residential property caught under the Act if he / she had obtained explicit approval from the Land Dealings Approval Unit (Controller of Residential Property; Section 25 of Residential Property Act). The approval will be looked upon favourably if: 

- the individual is a permanent resident

- an individual who can provide economic benefits to Singapore or makes adequate contribution in Singapore; and

- one who possesses professional or other qualifications or experience which are of benefits or advantageous to Singapore.

Any foreigners who attained ownership of residential properties in Singapore prior to the commencement of the Act can have the right to retain it. In the event the said foreigners are desirous to sell their properties, it shall have to be sold only to any Singapore citizen or approved purchasers as stipulated by the Act.

Foreigners who are interested in purchasing residential properties but have yet to attain explicit approval from the Land Dealings Unit, the real estate agent can still have the foreigners to commit in the sale and purchase of the property concerned by spelling out clearly in the Option to Purchase documents by the insertion of a clause,

i.e. “the intended purchase of the above mentioned property by the intending Purchases, namely one ___________ is subject to explicit approval from the Land Dealings Approval Unit, Controller of Residential Property as stipulated by the governing Residential Property Act 1976. In the event the approval is not validly obtained, it is hereby understood that the owners shall refund all monies without interests accrued to the said intending Purchaser and thereafter neither party shall have any claims, demands, proceedings, costs, expenses whatsoever against each other as pertaining to the said cancellation of intending sale and purchase of the said property concerned”.

Foreigners can still attain interest in Singapore residential properties with a written approval from the Controller of Residential Property Land Dealings:

- A unit in an approved condominium development. 

- Any non-residential, commercial or industrial property.

- You are buying the property for owner-occupation.

For restricted property such as vacant land, landed properties such as bungalows, semi-detached and terrace houses and units in buildings of less than 6 levels, etc. foreigners need to apply for approval from Singapore Land Authority before buying. For more details on application, visit the Singapore Land Authority website.

For HDB flats, HDB shop-houses and executive condominiums, eligibility is subjected to the Housing and Development Board.

To buy a flat directly from HDB, you must be a Singapore citizen, must include another Singapore citizen or Singapore permanent resident to form a family nucleus. To buy a flat from the resale market, you must be a Singapore citizen or Singapore permanent resident. Include at least one listed occupier who is a Singapore permanent resident or Singapore citizen.

Are there any restrictions on home loans for foreigners?
Foreigners and permanent residents can borrow loans up to 70% - 80% of the purchase price of the property subjected to different banks criteria. Non-Singapore companies cannot be granted Singapore dollar loans to purchase residential properties.

What conditions must I fulfill if I am a Permanent Resident getting a home loan?
To obtain a Singapore dollar loan, you have to provide: 

- A written understanding that you do not have outstanding housing loans from any other financial institutions in Singapore.

 
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