Under Free Trade Agreements, citizens or permanent residents of certain countries (like the USA , Iceland , and Switzerland ) may be eligible for the same tax treatment as Singapore Citizens. 3. Ownership and Eligibility
Most foreigners can purchase private apartments and condos without prior government approval.
Public housing (HDB) is generally off-limits to single foreigners. Only Permanent Residents (PRs) can buy resale HDB flats, and usually only under specific family schemes.
Pay a flat 60% ABSD on any residential property purchase.
Usually restricted. Foreigners must apply for approval from the Land Dealings Approval Unit (LDAU) , and it is typically only granted to those who have made significant economic contributions to the country. 2. Taxes and Fees (ABSD)
This includes offices, shops, and industrial spaces, which are generally open to foreign investors.
The biggest hurdle for foreign buyers is the . As of the latest regulations (April 2023):
Foreigners can only buy these once they are fully privatized, which happens 10 years after the project's completion. 4. Financing and Legalities
Under Free Trade Agreements, citizens or permanent residents of certain countries (like the USA , Iceland , and Switzerland ) may be eligible for the same tax treatment as Singapore Citizens. 3. Ownership and Eligibility
Most foreigners can purchase private apartments and condos without prior government approval.
Public housing (HDB) is generally off-limits to single foreigners. Only Permanent Residents (PRs) can buy resale HDB flats, and usually only under specific family schemes.
Pay a flat 60% ABSD on any residential property purchase.
Usually restricted. Foreigners must apply for approval from the Land Dealings Approval Unit (LDAU) , and it is typically only granted to those who have made significant economic contributions to the country. 2. Taxes and Fees (ABSD)
This includes offices, shops, and industrial spaces, which are generally open to foreign investors.
The biggest hurdle for foreign buyers is the . As of the latest regulations (April 2023):
Foreigners can only buy these once they are fully privatized, which happens 10 years after the project's completion. 4. Financing and Legalities