Q: Can foreigner buy singapore property?
A: yes, foreigners can buy private residentiall (non landed), commercial and industrial property in Singapore.

Q: other than the property price, what are the other cost?
A: for residential, foreigners need to pay 18-19% stamp duty. For commercial and industrial properties, buyers need to pay 3% stamp amd 6% GST. Legal fees cost are $3000.

Q: Are foreigners eligible for bank loan:
A: Yes, loan to valuation up to 80%

Q: does buyers need to pay commission
A: buyer does not need to pay commission.

Q: currently what is the bank loan interest rate (2018)
A: it is around 1.5%-2%

Q: what is the rental yield
A: around 3-3.5%

Q: what is the quantum of Singapore private property?
A: it is from S$600,000 onward.

Q: why Malaysians buy Singapore properties?
A: 1. Singapore property market is well regulated by Singapore governmemt.
2. Easy to rent out. Vacancy rate for residential property is only around 5-8%. Many expatriates work in Singapore
3. Positive cash flow. Rental yield is around 3-3.5%, bank loaninterest is 1.5% only.
4. Good capital appreciation.
5. Stable and appreciating currency. It was RM1 = $1 in 1960. Now it RM3 = $1
6. Easy to collect rent. Dont have to worry too much that the tenant does not pay rent
7. Singapore land scarcity
8. Growing population. Singapore targets population of 6.9 million. Currently, Singapore population is 5.6 million.
9. Malaysians buying Singapore property for their children who are working or studying in Singapore.
10 Diversification
11. One of the world safest country.

For more detail about Singapore property investment. You may pm me for discussion.

Any goodbuy? I am new

Like buying property in Malaysia, the same rule applied when we are buying properth in Singapore.

It depend whether you are buying for your own stay or for investment. If you are buying for investment, i recommend you to look for something near to Orchard or the CBD. The price is higher though.

You may take a look at The Crest.

Is it a freehold or leasehold?

99 leasehold. Majority Singapore properties are 99 leashold.

For investors, what is the popular area? What are the prices?

Is it hard to sell or to rent out a property there

Foreigners normally invest in city and city fringe area. Chinese and chinese like to invest in orchard and cbd area. Chinese and indonesian are very rich. Lol

Based on my experience, malaysians invest in city fringe. Tiong bharu, redhill, toa payoh, bishan, paya lebar etc

Yes. As long as it is priced near market price

As a guide, focus on Core central region CCR and outside core central region RCR. These places are easier to rent out

Malaysians are very rich too

Q: other than the property price, what are the other cost?
A: for residential, foreigners need to pay 18-19% stamp duty.


800k sgd condo , need pay 150k stamp duty ? really ?
then u already lost money on the 1st step

No, very easy. Vacancy is low .
The problem is the high barrier of entry. And the taxes are extremely punitive for foreigners.

This post has been edited by corleone74: Mar 30 2018, 09:11 PM

D21 is rcr
D19 also quite hot .
Fave are d9,10,11 but also priciest.

This post has been edited by corleone74: Mar 30 2018, 09:08 PM

In long term confirm will earn back thru rental and cap appreciation.you are also earning SGD , stable currency compared to rm.

Also, be smart. You can tumpang relative who r PR or better still Singaporean citizen.

This post has been edited by corleone74: Mar 30 2018, 09:29 PM

For 800k the stamp duty payable is $138,600.

Buyer stamp duty is 3% for property below $1million, 4% for property above $1mil.

Non singapore citizen need to pay additional buyer stamp duty (ABSD).
For foreigner, it is 15%
For permanent resident, first property it is 5%, second property onwardis 10%
For singaporean, first property is 0% , second property is 7%, 3rd property onward 10%

Hence, foreigner like malaysian pay 15% additional buyer stamp duty and 3%-4% buyer stamp duty, total 18% - 19%

ABSD was introduced in 2011 to cool dow singapore red hot market back then. HK, England, Canada Australia also impose additional on foreign purchase too.

Even though, there is ABSD, many foreigners are still buying singapore property.

Whoi agent. R u agent? Why recommend the crest of all condo.

This condo did badly when launched, they had to cut price to move units.

For investors I always advise them BUY FREEHOLD, safer for long term cap appreciation

http://sbr.com.sg/residential-property/new...wing-tais-crest

This post has been edited by corleone74: Mar 30 2018, 09:28 PM

I think even fh in singapore is only 999 years.

In singapore, for residential property the tenure are 60 years (only 1 such project), 99 years, 999 years and freehold. I also encounter 999,999 years.

property market so bad until needed to promo here in lowyat
Singaporean all buy at Johor state

No, goon is right.

the title deed is 'estate in fee simple".. Ie freehold. In fact there are a number of freehold properties .. Maybe 20% or more (just quick guess).

There are also 60 year lease , 99 year, 999 years , leases.



This post has been edited by corleone74: Mar 31 2018, 01:36 AM

Nope, Singapore market alrd pick up. Johor market is doldrums.

This post has been edited by corleone74: Mar 31 2018, 01:42 AM

Based on today market value, my Singapore property value at district 19 increased more than 10%. I purchased in July 2015 and already had 91% sold

This post has been edited by hhho: Mar 31 2018, 10:16 AM

Singapore property market is trending upward. It is a good time to buy now. Congratulations to those who have already bought Singapore properties.

Singapore 2018 Q1 property price jumps 3.1%.

Fully year forecast to increase 7-15%.

http://www.businesstimes.com.sg/real-estat...ces?xtor=CS3-25

How much have condo prices changed in the last 10 years?

Between 2008 and 2018, we found that the average selling price for new projects in the East region saw the highest price increase.

In 2018, prices of a two-bedroom condo transacted at an average of $1.26 million, compared to an average of $677,768 a decade ago. This translates to a price increase of 86% in 10 years.

https://sg.finance.yahoo.com/news/much-cond...-101800563.html

High barrier to entry but extremely safe investment.

If I remember correctly these days quite hard to get loans unless you have a Singapore PR.

Local banks are providing cross border financing

86% increase in 10 years is about 6.5% p.a compounded.

A lot consideration. Higher monthly maintenance cost, property tax, higher stamp duty etc. Also note that leasehold term in singapore is different from in malaysia. In singapore, leasehold means u lease or rent from government for 99 years. Your property value will turn 0 at end of year 99 (malaysia im supposed gov will arrange a flat for you, or allow you to renew at nominal sum?) Those who are pr or singaporean would reserve their quota to buy hdb (government flat) rather than condo.

However, if you are planning yo get 1, i suggest paya lebar, serangoon, kallang areas, there are quite many freehold condo with decent price and near to mrt stations. Also you may be surprise to see the rental yield for 1 bedroom is way higher than 2 or 3 bedrooms in sg. The monthly rental for 1 bedroom could probably sgd100 or sgd200 lower than 2 bedrooms only due to limited unit.

Malaysia got so much land......its obscene to even get lishold.

spore 36kms x 24kms in size nia…….

lol last 10 years Klang Valley landed had a 300% run. Yours 86% are taking average against the top sellers.

LYN is not the right place for you to fish big la.

But Msia lose on currency exchange

Singapore landed property enjoys great price appreciation too. My friend Singapore landed property up 300% in 13 years.

I think it is good to diversify our portfolio. Within the last 10 years, SGD appreciated close to 50% against malaysia ringgit.

This post has been edited by goon221: Mar 9 2019, 05:57 PM

Sadly yes. In the past 10 year, from sgd$ 1 vs rm2.2 to sgd$1 vs rm3.

There are pro and con for both kl and sg property market.


The mortagage interest is 1.x% for the past 10 years. Malaysia interest rate is 4.x%


Malaysia stamp duty is lower, though.

Yup yup... those bought landed last 10 years all can retire early

Singapore property sales volume is higher compared to January 2019 and February 2018.
Price is pretty stable. Thanks to last year cooling measure. 😉

Affinity at Serangoon sales volume increases tremendously, I think it is because of the new MRT line.

Top 5 selling new launches average price is around $1500 psf.

🤔🤔🤔Do you think Singapore new launches price is trending upward or downward? 🤔🤔🤔

Malaysia property industry is 10 years before Singapore, Vietnam is 10 years before Malaysia. Invest in Vietnam will be cheaper than Singapore.

Foreigner investing in vietnam only entitle for 50 yrs lease, regardless the land title, sure vietnam is a better spot? Even if there are developments that claimed "freehold" for foreigners, these are freehold (to the perpetuity), not fee simple estate.

Sg still got many cheap freehold private property, and it is definitely more affordable than in hong kong.

Erm, i mean still cheaper than SG, nobody will invest for 50 years one and I am not sure what is the maximum loan tenure provided by Vietnam bank... Once the property price hit the price that you want to sell off, you will dispose off one..

you must be kidding me.

which part of Vietnam similar to Malaysia in 2009?

I think cheap does not mean it is good investment.

For property sector to grow, population and economy are the 2 important factors.

According to Singapore white paper, by 2030 they want to increase the population to 6.9m from current 5.6m.

Low unemployment rate is helping a lot. Low interest rate of around 2%.

The is a good property near Orchard. It is strategically located near Orchard Boulevard MRT. 🚝. It is called 120 Grange

Within minutes walk to Singapore Gleneagles Hospital and embassies. Good rental potential. 👍👍👍👍

2 bedroom is from $1.8m.

Let me know if you need more information about this great project 😊😊😊😊



This post has been edited by goon221: Apr 5 2019, 01:10 AM

Any good deals lately?

Any idea if it is difficult process to get a mortgage for a recent holder of an EP?

Yes. It is easy to get mortgage for recent EP holder. I have helped many my client to get loan

Income documents need:
3 month payslip
3 month bank statement showing salary crediting
Employment pass

Up to 75%. Current interest rate is around 2% -2.3%.

What type of property and location are you looking? Amount?

You may pm for discussing.

🏘️Rare mortgagee sales🏘️

Do you know where is Reflections At Keppel Bay?
It is one of the most iconic condominium in Singapore.
3 bedrooms 3 bathrooms 1604 sq ft.
Premium unit with Queen’s dock view
🔥🔥🔥🔥Guide price $2.6M🔥🔥🔥🔥
(There is a recent transaction 1615 sq ft, $2.98m)

🤔 Loan Quantum not enough due to MSR?
🤔 Don’t wish to be restricted for 8 years (construction + 5yrs MOP)?
Looking for undervalued project?

Come to ⬇
*💝Affinity at Serangoon💝*
No need to ballot‼

SF along S’goon Ave 1 Near Postal Code S(535797)

🔸1BR from $712K
🔹1BR+S from $766K
🔸2BR+S from $1.012M
🔹2BRP+S from $1.075M
🔸2BRP from $1.154M
🔹3BR from $1.250M
🔸3BRP from $1.572M
🔹3BRD from $1.688M
🔸4BR+S from $2.065M
🔹5BR Strata Hse from $2.473M

㊙Undervalued Prime D19 development with future MRT + potentially MRT Interchange + potentially new NS line
Exponential capital gain potential


Information is accurate as at *[27/07/2019]* and Pricings are Indicative/"While Stocks Last“ Basis

Attached thumbnail(s)

Damn, property in Singapore is damn expensive indeed. This old property (10 years++) is selling for SGD2.5k per square feet, although I must say the view from the balcony is absolutely stunning and it is walking distance to Orchard Road.

3,225 sqft (duplex) going for SGD8mil, after conversion, it's RM27mil!!!
Best part is, this 3,225 sqft unit doesn't feel too spacious at all, especially the rooms, compared to the average 1,500sqft+- condo in KL.

Property price in a 1st world nation....wooott!

Tu lan. LKY should have managed Malaysia for a while. I don’t even know any apartments that command RM 2.5k psf.

As a Malaysian, I intend to sell my apartment at Toa Payoh,
may I know what are the cost should I need to pay?

Malaysia property damn cheap, price doesn't appreciate that much. At the same time, demand isn't that strong too, not piping hot like Singapore. At the end of the day, everything is connected to the economy. That needs to be fixed first, and the others will follow suit.

Yeah, for sure, will need to pay Seller's Stamp Duty (SSD). More info on it here:
https://www.iras.gov.sg/taxes/stamp-duty/fo...ential-property

Can reach out to either of the agents in the video above (Zach or Jacob) for assistance to market your unit?

selling property only need to pay 1% to the agent in singapore, that is why i was told. not sure is this the current situation.

only idiot foreigners will buy for investment. For settle down then it's ok.
Invest straight away lost 20%. LOL

Too much hot money from China to speculate like HK.

That figure is out of date. The current ABSD for foreigners is 60%!!! But you still see so much money going in, HK’s downturn was SG’s gain. It’s probably more cost efficient to try to get PR status before buying anything.

Foreigners investing in SG are thinking about “wealth preservation” and not so much of capital growth or chasing yield.

This post has been edited by keelim: Sep 14 2023, 08:22 PM

If you know how insecure the Mainlanders and Indo-Chinese are then you’ll understand why they still go ahead despite the high prices. Even the Malaysian elites have so much stuff there.