Types of Properties Foreigners Can Buy in Singapore | Homejourney
Foreigners can buy condominiums, apartments, strata-titled landed houses in approved developments, and certain Executive Condominiums (ECs) in Singapore without prior approval. Landed properties on the mainland require Singapore Land Authority (SLA) approval, which is rarely granted unless you're a long-term Permanent Resident (PR) with exceptional economic contribution. At Homejourney, we prioritize your safety by verifying all property details to help you make confident decisions in this regulated market.
Why Understanding Property Types Matters for Foreign Buyers
Singapore's property market attracts global investors like Hong Kong buyers seeking stability amid regional uncertainties. However, the Residential Property Act strictly limits foreign ownership to protect local housing needs. This cluster article dives into allowable property types, building on our pillar guide to Step-by-Step Property Buying Process for Foreigners. Homejourney ensures transparency with verified listings on our property search tool.
As of 2025-2026, Additional Buyer's Stamp Duty (ABSD) at 60% applies to foreigners, making high-end condos the go-to choice for most HK investors. Insider tip: Focus on freehold condos in prime areas like Orchard or Marina Bay for long-term value—prices average S$2,500-$4,000 psf per URA data.
Properties Foreigners Can Buy Without Approval
Most foreign purchases fall here, offering hassle-free entry. These align with Singapore's policy balancing openness and local priorities.
1. Private Condominiums and Apartments
The most popular option for foreigners, including HK citizens. No SLA approval needed. Examples: The Sail @ Marina Bay or luxury units in District 9 (Orchard Road), where recent sales hit S$3,200 psf. Facilities like pools and gyms make them ideal for families relocating from Hong Kong.
Pros: High liquidity, rental yields 3-4%, easy resale. Cons: 99-year leaseholds common, ABSD 60% upfront.
2. Strata Landed Houses in Approved Condo Developments
These are townhouses or cluster homes within condo enclaves, like Good Class Bungalow (GCB) alternatives. No approval required if part of a URA-approved condo. Example: Wallich Residence strata units—foreign-friendly with premium amenities.
3. Executive Condominiums (ECs) After Privatization
Foreigners cannot buy new ECs or resale within 5 years of TOP. From year 11 post-TOP, ECs become private condos—no restrictions. Example: Older privatized ECs in Punggol fetch S$1,800 psf, appealing for value-conscious HK investors. Check our projects directory for eligible ones.
Properties Requiring SLA Approval
These are restricted; approval is discretionary and case-by-case via SLA's Land Dealings Approval Unit (LDAU).[3]
Landed Properties on Mainland
Terrace, semi-detached, bungalows: Foreigners need 5+ years PR status and proven economic contribution (e.g., high-taxable income). Approval rare—less than 10% success rate per industry insights. Not viable for most first-time HK buyers.
Sentosa Cove Landed Homes
The exception: Foreigners can apply for landed properties here (e.g., waterfront villas at S$10M+). Conditions include 5-year hold, owner-occupied only. Insider tip: Exit via Sentosa Cove MRT (5-min walk to showflats); perfect for ultra-HNW Hong Kongers seeking exclusivity.
Comparison Table: Foreigner-Friendly Properties
Quick reference for decision-making:
| Property Type | Approval Needed? | ABSD Rate | Best For |
|---|---|---|---|
| Condo/Apartment | No | 60% | Investors, Families |
| Strata Landed (Condo) | No | 60% | Privacy Seekers |
| Privatized EC (>10 yrs) | No | 60% | Value Buyers |
| Sentosa Cove Landed | Yes | 60% | HNW Individuals |
| Mainland Landed | Yes (Rare) | 60% | Long-term PRs |
Source: SLA Residential Property Act.[3] Use Homejourney's ABSD calculator for precise costs.
Financial and Regulatory Considerations (2025-2026)
BSD rates: 1-6% tiered (e.g., 1% first S$180K).[1] Foreigners face 60% ABSD on purchase price—no remissions. LTV limited to 70%; check bank rates via Homejourney. Property tax higher for non-owner-occupied (12-36% AV bands). For HK investor guide, see our Hong Kong Citizens Buying Property guide.
Actionable Steps:
Verify eligibility on SLA portal.
Calculate duties using Homejourney tools.
Search verified listings on Homejourney property search.
Consult for financing: Financing Options for Foreign Buyers.
Disclaimer: This is general info; seek legal/financial advice. Homejourney verifies data for trust.
Common Mistakes and Insider Tips
Avoid assuming all landed are buyable—mainland needs approval. Red flag: Unverified agents promising easy approvals. Tip: For Sentosa Cove, visit One°15 Marina Club (10-min drive) to gauge lifestyle. Post-purchase, use aircon services for maintenance. HK buyers: Factor currency stability; SGD holds strong.
FAQ: Types of Properties Foreigners Can Buy in Singapore
Can HK citizens buy condos in Singapore? Yes, without approval. ABSD 60%; ideal for investors. Use Homejourney for safe searches.
What landed properties can foreigners buy? Only Sentosa Cove with SLA approval; mainland rare for non-PRs.[3]
Are ECs open to foreigners? Yes, if privatized >10 years post-TOP. Check eligibility in our projects directory.
How much ABSD for foreigners in 2026? 60% flat rate. Calculate via ABSD guide.
Best property types for Hong Kongers?
