Can Foreigners Invest in Singapore Property? Homejourney’s Direct Answer
Foreigners can invest in Singapore property, but there are significant restrictions and additional costs that all non-citizen buyers must understand. The most accessible property types for foreigners are private condominiums, apartments, and certain commercial real estate. Landed residential properties generally require special government approval, which is rarely granted unless the buyer has made substantial economic contributions to Singapore[1][2][3].
Homejourney ensures that all property listings and advice are thoroughly verified, transparent, and up-to-date, so you can invest with confidence and safety. Our commitment to user safety means you’ll find only trustworthy, accurate information and a support team that listens to your feedback every step of the way.
How This Topic Connects to the Main Pillar
This guide is part of Homejourney’s comprehensive coverage on property investment in Singapore. While the main pillar offers a broad overview for all buyers, this cluster focuses specifically on tactical, actionable advice for foreign investors navigating Singapore’s unique property landscape. For the full investment journey, see .
What Property Types Can Foreigners Buy in Singapore?
- Private Condominiums & Apartments: Open to all foreigners with no restrictions under the Residential Property Act. These are the most popular choice due to convenience, amenities, and high rental demand[1][2][3].
- Executive Condominiums (ECs): Foreigners can only purchase ECs after the 10-year Minimum Occupation Period, when they are fully privatized[1][2][3].
- Commercial & Industrial Properties: Foreigners face no ownership restrictions, and these properties are exempt from Additional Buyer’s Stamp Duty (ABSD)[2][3].
- Landed Residential Properties: Generally prohibited unless special approval is granted by the Singapore Land Authority (SLA). Exceptions are rare and typically require significant economic contribution[1][2][3].
- HDB Flats: Not available to foreigners except in very limited circumstances (e.g., as an essential occupier with a Singaporean spouse)[4].
Key Regulations and Taxes for Foreign Buyers (2025 Update)
Additional Buyer’s Stamp Duty (ABSD)
As of 2025, foreigners must pay 60% ABSD on the purchase price or market value (whichever is higher) of any residential property. This is in addition to the standard Buyer’s Stamp Duty (BSD)[1][3].
- ABSD does not apply to commercial or industrial properties.
- For a S$2 million condominium, the ABSD would be S$1.2 million on top of regular BSD.
Loan-to-Value (LTV) Ratios
Foreign buyers face tighter LTV limits, especially if purchasing a second or third property. This means a higher cash outlay and lower maximum financing from banks[1].
Annual Property Tax Rates
Property tax rates for non-owner-occupied homes (including those owned by foreigners) are higher than for owner-occupied residential properties, with the rates increasing with the property’s annual value[1][3].
Singapore Property Market Statistics (2025)
- Private home prices grew by approximately 3-5% year-on-year in 2024, despite cooling measures.
- Rental yields for prime condominiums range from 3% to 4.5% annually.
- Vacancy rates for private condos remain low, especially in central and city fringe areas.
Homejourney monitors market fluctuations and regulatory changes, ensuring our users always access the latest data for confident decision-making.
Actionable Steps: How Foreigners Can Invest in Singapore Property Safely
- Define Your Investment Goals
Understand if you’re seeking capital appreciation, rental income, or a future residence for yourself or family. Homejourney provides tailored advice based on your risk appetite and objectives. - Choose Eligible Property Types
Focus on private condominiums, apartments, or commercial properties. Check each listing’s eligibility via Homejourney’s verified property database. - Calculate All Upfront Costs
Include ABSD (60%), BSD, legal fees, and agent commissions. Use Homejourney’s stamp duty calculator for accurate estimates. - Secure In-Principle Approval for Financing
Engage a Singapore-licensed bank for mortgage pre-approval. Note the stricter LTV ratios for foreigners. Homejourney can connect you with trusted mortgage advisors. - Conduct Due Diligence
Verify the property’s legal status, tenure, and any encumbrances. Homejourney’s verification process ensures all listings are authentic and risk-free. - Engage a Licensed Agent
Work only with CEA-registered agents. Homejourney’s agent network is thoroughly vetted for safety and transparency. - Complete the Purchase
Sign the Option to Purchase (OTP), pay the option fee, then exercise the OTP and pay the balance. Settle stamp duties and legal paperwork. Homejourney guides you through every step for a secure transaction.
Practical Tips for Safe and Successful Investment
- Always use Homejourney’s verified listings to avoid scams or misrepresentation.
- Review the property’s rental history and location demand before committing.
- Factor in ongoing costs: maintenance fees, property taxes, and potential vacancy periods.
- Stay updated on new regulations—Homejourney’s alerts keep you informed.
- Provide feedback to Homejourney’s support team—your input helps us improve our platform and safeguards.
Frequently Asked Questions: Foreigners Investing in Singapore Property
- Can foreigners buy HDB flats in Singapore?
No, foreigners cannot buy new HDB flats. Limited exceptions exist for essential occupiers with Singaporean spouses, but not as owners[4]. - What is the latest ABSD rate for foreigners?
As of 2025, foreigners pay a 60% ABSD on residential property purchases[1][3]. - Are there restrictions on buying landed property?
Disclaimer
The information provided in this article is for general reference only. For accurate and official information, please visit HDB's official website or consult professional advice from lawyers, real estate agents, bankers, and other relevant professional consultants.
Homejourney is not liable for any damages, losses, or consequences that may result from the use of this information. We are simply sharing information to the best of our knowledge, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability of the information contained herein.