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Can Foreigners Buy Property In Singapore

Foreigners can buy property in Singapore, but there are some restrictions. Public housing: Foreigners cannot buy public housing, which is subsidized housing for Singapore citizens and permanent residents. Executive condominiums: Foreigners can buy executive condominiums (ECs) after they have been completed for 10 years. ECs are a type of condominium that is offered by the Housing & Development Board (HDB) at a subsidized price. Private properties: Foreigners can buy most private properties in Singapore without any restrictions. However, there are some restrictions on the purchase of landed properties, such as bungalows and semi-detached houses. For more information, please click the link and fill in the form. I will get back to you soonest possible https://forms.gle/kALzn8d5e1i5avgr8 Landed properties: Foreigners must apply for and obtain approval from the Land Dealings Approval Unit (LDAU) of the Singapore Land Authority (SLA) if they want to buy a landed property in Singapore. The LDAU will consider the following factors when assessing an application for approval to buy property in Singapore: The foreigner's purpose for buying the property. The foreigner's financial status. The foreigner's ties to Singapore. The foreigner's intention to occupy the property. Sentosa Cove properties: Foreigners must apply for and obtain approval from the LDAU of the Singapore Land Authority (SLA) to buy landed properties in Sentosa Cove. However, the approval is automatically granted to foreigners who meet the following criteria: The property must be for personal use and not for investment purposes. The foreigner must have a minimum annual income of S$500,000. The foreigner must have a minimum net worth of S$10 million. Commercial properties: Foreigners can buy commercial properties without any restrictions. If you are a foreigner interested in buying property in Singapore, you should contact a property agent or lawyer to get more information about the eligibility criteria and the application process. For more information, please click the link and fill in the form. I will get back to you soonest possible https://forms.gle/kALzn8d5e1i5avgr8