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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 many more location coming soon. Grab now before development charge increase. Click on the above to register yourself to get more updates of these upcoming projects.

District 1 to 8 Updates
Spottiswoode 18, former Dragon Mansion
One of the best plot of land in District 2 Spottiswoode, Spottiswoode 18 an iconic 45 Storey development. Limited units available now. Call us soon before all units are sold.

Ascentia Sky @ Alexandra - Must See
All looking for a Good Project, here we have Ascentia Sky. This must see project is a 45 storey majestic development with outstanding view. Good size 3, 4 bedrooms & Penthouses still available. Comes with interest Absorption and Stamp duty absorption. Call now to enquire. 

Lumiere at Shenton way just TOP
Looking for a TOP project with good investment returns? Look no more, check out Lumiere at Shenton Way by BS Capital. Iconic 45 storey development that is build for DUAL Usage: as office or home. Great potential for investment and rental. Call us now for viewing.

The Foresta @ Mount Faber - Very HOT Project, Investors Pick
Long waiting for a West Coast project? Now its coming, it is even better than all previous. The Foresta @ Mount Faber in Wishart Road with 141 Residential is launching soon. Excellent location just 5 mins to telok Blangah MRT and 10 mins walk to Vivo City. This project is sure hot grabs. Register your interest today.

District 9 Updates
Grange Infinite on sale- Just TOP
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. Call us to view actual units today.

The VERV Preview
The VERV at River Valley, an exclusive 26 units development is previewing very soon. Get ready to see high end finishes and fittings in rare spacious 2 bedroom and 2+Study sizes. All units even comes with Private Lift access. To catch the preview, call us @ 6100 8090 to arrange

The Peak @ Carinhill
The Peak @ Cairnhill, an excellent centralise location just mins to Orchard, Novena and Newton. High Quality finishes and affordable price. Rare size development makes The Peak @ Cairnhill the top investment choice for all investors. Call now for appointments

Oxley Edge Preview
Oxley Edge, latest development by famous Oxley group. Located along River Valley Road, just 5 mins to future River Valley MRT, Orchard, Clarke Quay and CBD. Excellent Location for a Great investment. To catch the preview, call us @ 6100 8090 to arrange

District 10 Updates
Stevens Suites Preview Now  
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. Units moving fast. Call us for appointment now.

LOFT @ Nathan, good investment
All Investors, Check out Loft @ Nathan in River Valley Road,. Excellent development with 121 units of residential and 26 units of commercial. Its is definitely a good project to invest in with prices only fr0m $8xxk up. Call us now for a special preview of this project.

District 11 Updates
Copthorne Orchird Redevelopment
Excellent sales at The Glyndebourne. Only few units left for this masterpiece by CDL. So if y ou are keen, act fast to secure a unit. You will never be disappointed with this prestigious project. Call now!

Gilstead 2, Investors Pick
For those that has miss Gilsteads 2 or decide to give it a miss. It is better for you to reconsider. Gilstead 2 is a highly recommended project with very high potential. Sales of this project is strong and now we are left with last few units. If you do not want to lose out, Call us now before everything is gone. This is a project not to be missed.

10 Shelford @ Shelford Launching
Top Investment Pick not to be missed. 10 Shelford consist of exclusive 69 units of 1 bedroom and Penthouses. Project protrays a lifestyle, chic and lively lifestyle in this quiet residential enclave. Good tendency rate. Prices at only $8xxk. Call us now for appointments. Don't Miss!

District 12 Updates
SkySuites 17 @ Balestier units moving very Fast
SkySuites 17 @ Balestier, one of the fastest moving project now. Great potential for capital growth once Zhong San Park is ready. Investors, don't wait, this is an opportunity not to be missed. left with limited 2 and 3 bedrooms now!

Suites @ Topas last 3 Penthouse left
If you are looking for a good project that is beautiful, low quantum and great for investment, then Suites @ Topas is the choice. Excellent city fringe location with beautiful facade and landscaping. A good project to embark on. Left with only 3 penthouses. So act Fast. Call us Today.

District 14 Updates
Vacanza @ East Coming
All Kembagan Lovers, Vacanza @ East will be previewing tentatively on the 28th Sep. This 463 units freehold full condominium development consist of 1 - 4 bedrooms and penthouse. Prices starts from only $5xxk. If keen please call us for a Pre Launch Presentation today.

Royce Residences @ Geylang - Great affordable low quantum from 450k
One of the highest potential development with the most affordable price now. Royce Residence is a 40 unit development just mins drive to the city. Great location with lots of food amenities. Prices from only 450k and comes with stamp duty absorbption. Call to View now.

Oxley BizHub @ Ubi Road 1
Top development in UBI, Oxley BizHub, a new concept industrial development consist of 728 units of warehouses and production units. Great business investment not to be missed. High Potential property once Paya Lebar Business hub is up. Great Rental demand. Call us for Viewing NOW. 

District 15 Updates
Tivoli Grande @ Koon Seng Road
Call us now, hot project Tivoli Grande on preview now. 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 few units left
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. Highly recommended property to invest, Last few units left. Call now for enquiries

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.

Vibes @ East Coast
Excellent Good Project in the mids of all famous Food Eateries and in the heart of the East. Freehold development with 1, 1+Study and 2 bedroom layout with Commercial Shops. Great Investment and near Tao Nan Primary School. Register NOW!

Questa @ Dunman Road, Good Development
Another great project by Hoi Hup Realty. 140 freehold units in the mids of Dunman Road. Great Investment and near Tanjong Katong Girl's School and Secondary School. Excellent District 15 location. Left with Limited 2 bedroom units. Dun Miss. Call us NOW! 

38 iSuites @ Ipoh Lane, units moving fast
38 iSuites, a 120 units lifestyle development located at Ipoh lane, close to future Paya Lebar Business Hub. Comprises of 1+Study, 2, 2+Study and Penthouse units. Great peaceful location with loads of amenities around the vicinity. Call for viewing NOW! 

District 18 to 28 Updates
NV Residences @ Pasir Ris by CDL
Another of CDL hugh development. NV Residences consist of 642 units on a 328,000 sqft of land. Consist of 1-4 bedroom and penthouses. Beautiful nice project near MRT. Prices for 2 bedroom starts only from $6xxk. Call us to get the most attractive price.

Poets Villas @ Tegora Ave on Preview
Looking for a Cluster housing, Poets Villas a new 40 units modern cluster development is set to launch early next year. Located in Yio Chu Kang, its location is quiet and green. Every unit is spacious and comes with their own lift. Register now for update on this new launch.

H2O Residences @ Seng Kang by CDL
CDL embarks on another landmark development. H2O Residences will be located at the junction of Fernvale Link and Seng Kang West Ave. A beautiful development consisting for 475 units from 1 to 4 bedrooms. Register your interest now and get updates on this project.

Hedges Park @ Flora Drive on Preview
Hong Leong latest collection development, Hedges Park @ Flora Drive consist of 501 units of Resort style units. Full Condominium with lots of facilities for your family and friends. Prices from just $4xxk for its one bedroom. Call us now to enquire.

Terrasse @ Hougang Ave 2 Launch
Kovan Lover take note, MCL Land developed Terrasse is coming. Terrasse a magnificent development of 414 units sitting on massive land. Consist of 16 lifestyle blocks of 5 storey , it comprises of 1-4 bedrooms and Penthouse. Very beautiful development set to sell at very affordable prices. Call us for presentation today.

Property Search Engine

Hot Properties Launch

Aalto
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Siglap V
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Melrose Ville
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Home arrow Guides for Expatriates arrow Procedure to Buy Property
Procedure to Buy Property Print E-mail

Covers some brief information on procedure and steps to buy or purchase property in Singapore. Tips for foreigners or investors buying apartment, house or other properties in Singapore.

Search for Property you desire 

Engage a local Realtor or Property Agent 

A professional property agent in Singapore will assist you and protect your interest throughout the purchase, secure the offer for you at the best possible price. With a much better knowledge of Singapore, the agent will be in a better position to recommend and advice on the choice of property. He will also ensure that all documents are in order and you are dealing with the rightful owner of the property.

Use only One Agent

Most property companies share the same database of property listings in Singapore. Therefore use only one agent at a time. If you approach many agents at the same time, very likely that they will show you the same property. Much confusion and embarrassment will arise if you engage many agents. Using one agent, you will save valuable time for yourself and the agent. He will then understand your needs and requirements better after a few viewings. Only if they are incompetence, unresponsive or not showing the correct property you wanted, then start to look for another agent. 

We has seen thousands of properties in Singapore throughout the years. Therefore, you can trust on us to provide tenants or buyers the correct recommendations. We have the largest property database in Singapore, it would be totally unnecessary for tenants and buyers to go through other realtors except us to avoid repetitive viewings of the same property.

Know your Location, Budget, Rental Yield

Location 

Depending whether you are buying the property for own stay or investment, location plays an important role. Properties in prime districts retain their value very well and they usually have the highest capital gain in a bullish property market. Properties in the suburbs are lower in price and may be more suitable for own stay than investment. If you can purchasing the property for investment, the properties in prime districts like district 09, 10, 11 or the Central Business District are the safest buy. Properties with sea view at the East Coast are also great for a resort home or investment.

Budget

How much cash upfront you willing to pay for the property? How much CPF in your ordinary account that you can use for the purchase? The latest MAS ruling allows purchaser to loan up to 80% of the valuation or purchase price, whichever is lower. 10% must be paid in cash and the other 10% can be paid using CPF or cash.

Rental Yield

If you are buying the property for investment and intend to rent out the property, calculate the yearly rental yield versus the purchase price. Properties at district 09, 10 and 11 easily yield the highest rental returns. Due to the premium in price for freehold properties, they most likely have lower rental yields than leasehold properties.

If you are a non-residential foreigner (no valid employment permit or pass for long stay) purchasing a property for rental returns, do not forget to factor the personal income tax, which is moderately high at 20%. For foreigners who are working in Singapore with valid employment status, the tax rate will be much lower. Visit the IRAS website for more info on taxes.

Valuation & Loan

Check the indicative valuation for the property you intending to buy. Valuation directly affects the amount of loan you can get for the property. Take into account the number of years that you can loan, the monthly instalments, etc.

You need to check whether your credit status and income proof can enable you to loan (with effect from 19 July 2005) 90% of the of the valuation or sale price (whichever is lower). For a foreigner, major banks or financial institutions in Singapore can only loan up to 70% or 80% of the valuation or sale price (whichever is lower).

If you are looking for competitive housing loan and indicative valuation, we have contacts with major banks and can help you get a good financial package. We can help you check for indicative valuation, apply for a housing loan or get an Approval-In-Principle before the purchase. Contact us for more details.

For HDB flats, you may want to check the eligibility to get a concession loan from HDB. If you are not entitled to get the loan from HDB, the other way is to get it financed by a commercial bank.

Documentation for Private Property

Option to Purchase

You have decided to purchase a property. Prepare 1% of the purchase price (as a consideration) in exchange for the Option to Purchase from the seller. Option to Purchase is usually prepared by the seller's (vendor) solicitor or property agent. You are usually given 14 days to decide whether to proceed with the purchase. If you decide to proceed, exercise the option by signing in your solicitor's office and forward it to the seller's solicitor together with another 4% or 9% (agreement between the vendor and purchaser) of the purchase price.

Offer to Purchase

Alternatively, you can ask your realtor to prepare the Offer to Purchase and attention to the seller. Clearly stating the price, sales completion date and others. Terms and conditions can be drafted by your solicitor or your realtor.

Completion of Sale

From then on, leave it to your solicitor for the completion of the sale, which will be completed in around 8 to 10 weeks time (agreement between the vendor and purchaser). Your solicitor will lodge a caveat on the property, coordinate with the financial institution, CPF board (if applicable), prepare the mortgagor/mortgagee documents.

Stamp fee will be payable to Inland Revenue Authority of Singapore within 14 days upon exercising the Option to Purchase or signing the Sales and Purchase Agreement when you buy from a property developer. For properties above S$300,000, stamp fee payable will be 3% of the purchase price minus S$5,400.

For HDB flats, there is also an option period of 14 days for the buyer to consider over the intended purchase, to check his eligibility, financing aspects and other issues such as whether the flat is affected by redevelopment/upgrading, the liability to pay upgrading cost/levy etc. If the buyer does not wish to buy the resale flat, he can let the Option expire and loses only the option fee. To ensure a standardised practice, HDB has the following guidelines for the Option Fee, Deposit and Option Period:

Option Fee - An amount not exceeding $1,000
Deposit - An amount not exceeding $5,000 (including the Option Fee)
Option Period - 14 calendar days

Please visit the HDB website for more details.

Inspect before Taking over 

The buyer can request and state clearly in the Option to Purchase for permission to inspect the property before the completion of the sale. Check the fixtures and fittings, and also the items that the seller had agreed to sell with the property.

For HDB flats, HDB will do the inspection on your behalf. They will check for any unauthorised renovation. Seller will need to reinstate the flat into the condition allowed before HDB approve the sale.

Commission Payable

For private property, agency commission is paid solely by the seller, which varies from 1% to 2% of the selling price. For HDB, seller will pay around 1% to 2% of the selling price, whereas the buyer will usually pay 1%.

Buyer and seller should ensure that an invoice from a licenced real estate agency is issued to them. Upon payment, do not pay cash directly to the realtor, instead, issue a cross-cheque payable to the realtor's agency according to the invoice.

 
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