Types of Properties Foreigners Can Buy in Singapore | Homejourney
Foreigners can buy private condominiums, apartments, strata-titled landed houses in approved developments, fully privatized Executive Condominiums (ECs over 10 years old), and all commercial or industrial properties in Singapore without prior approval.
At Homejourney, we prioritize your safety and trust in every property decision, verifying information to help you navigate restrictions confidently. This cluster article focuses on property types available to non-citizens, linking back to our comprehensive Property Investment for Foreigners in Singapore: 2025 Guide pillar content for the full buying process.
Why Understanding Property Types Matters for Foreign Buyers in 2025
Singapore's property market remains attractive for global investors due to stability and growth, but strict rules under the Residential Property Act protect local housing needs.
Foreigners face a 60% Additional Buyer's Stamp Duty (ABSD) on residential purchases, making commercial options appealing as they are ABSD-exempt.
Homejourney verifies listings on our property search platform, ensuring transparent deals amid 2025 market dynamics where luxury condos like those in Orchard Road average S$2,500-$4,000 psf.
Properties Foreigners Can Buy Without Approval
The Singapore Land Authority (SLA) outlines clear categories open to foreigners.
- Private Condominiums and Apartments: Most popular choice; no restrictions. Examples include The Marq on Paterson Hill (S$5M+ units) or Piermont Grand in Punggol (resale ~S$1.2M for 2-bed).[3][5]
- Strata Landed Houses in Approved Condo Developments: Cluster houses or townhouses within condo projects like those in Upper Thomson; treated like condos.[3][4]
- Fully Privatized ECs (>10 Years Old): After TOP +10 years, e.g., Esparina in Sengkang (privatized 2023, now ~S$1.5M resale).[1][3]
- Commercial and Industrial Properties: Shophouses, offices, factories; fully open, no ABSD. Ideal for investors eyeing Jalan Besar shophouses (~S$3M).[1][4]
Insider tip: Check URA's Master Plan on Homejourney's projects directory for approved strata developments to avoid surprises.
Properties Requiring SLA Approval (Rarely Granted)
Landed properties like bungalows, semi-detached, terrace houses, or vacant land need Land Dealings Approval Unit (LDAU) nod.
Criteria: Singapore Permanent Resident (SPR) for 5+ years with exceptional economic contribution (e.g., high-tax employment). Approval includes 5-year hold, owner-occupied only.
Non-SPR foreigners almost never qualify; e.g., Sentosa Cove landed requires same strict rules. Homejourney advises focusing on condos for hassle-free entry.
HDB Flats and New/Young ECs: Off-Limits
Foreigners cannot buy HDB resale flats or new ECs; limited exceptions only as essential occupier with Singaporean spouse (not ownership).
Resale ECs 5-10 years old: SPRs only. This preserves public housing for citizens.
Financial Implications: ABSD and Other Costs
All residential buys trigger Buyer's Stamp Duty (BSD) + 60% ABSD for foreigners (2025 rate).[1][2]
| Property Value | BSD Example | ABSD (60%) |
|---|---|---|
| S$1M | S$23,600 | S$600,000 |
| S$2M | S$102,600 | S$1.2M |
Total outlay for S$2M condo: ~S$1.3M duties alone. Commercial skips ABSD. Use Homejourney's ABSD calculator for precision.[1]
Loans: 70% LTV max for foreigners (vs 75% citizens); check bank rates on Homejourney. No CPF use.
Decision Framework: Choosing Your Property Type
Evaluate based on goals:
- Residential Living/Investment: Condos (yield 3-4% rental pa, e.g., District 10).[5]
- Business Use: Commercial (higher yields 5-7%, stable tenants).
- Long-Term Legacy: Avoid landed unless SPR-qualified.
Pros/Cons Table:
| Type | Pros | Cons |
|---|---|---|
| Condo | Easy buy, amenities, liquidity | 60% ABSD, strata fees |
| Commercial | No ABSD, business deductions | Lower residential appeal |
| Landed (Approved) | Privacy, space | Rare approval, 5-yr hold |
Common mistake: Assuming all landed is accessible—verify SLA list first.
Practical Steps and Insider Tips
- Verify Eligibility: Confirm non-restricted via SLA site; use Homejourney search.
- Budget Duties: Factor 60%+ ABSD; simulate on our ABSD guide.
- Inspect Properties: Visit via agent; check for en-bloc risks in older condos.
- Finance Smart: Compare mortgage rates; post-purchase, maintain with aircon services.
- Complete Purchase: Follow step-by-step guide.
Red flag: Unverified sellers—Homejourney verifies for trust.
Common Mistakes to Avoid
1. Ignoring ABSD: A Taiwanese buyer overlooked 60% rate, adding S$1M+ unexpectedly—see our Taiwanese ABSD guide.
2. Buying Young ECs: Foreigners ineligible until privatized.
3. Skipping LTV Checks: Leads to financing shortfalls.
Disclaimer: This is general info; consult lawyers/financial advisors. Rates current as of 2025 per IRAS/SLA.[1][4]
FAQ: Types of Properties Foreigners Can Buy in Singapore
Can foreigners buy HDB flats?
No, except as essential occupier with citizen spouse—not ownership.[1][4]
What is the ABSD rate for foreigners in 2025?
60% on residential purchases.[1][2]
Can foreigners buy landed properties?
Only with rare SLA approval for SPRs with economic contributions.[4]
Are commercial properties ABSD-exempt?
Yes, fully open to foreigners.[1]
When can foreigners buy ECs?
Only fully privatized (>10 years TOP).[3]
Ready to explore safe options? Search verified properties on Homejourney's property search and refer to our pillar guide for full insights. Your trusted partner for secure Singapore property journeys.
