Types of Properties Foreigners Can Buy in Singapore | Homejourney
Foreigners without Permanent Residency (PR) in Singapore can buy private condominiums, apartments, strata-titled landed houses in approved developments, and Executive Condominiums (ECs) over 10 years old, but face restrictions on HDB flats and most landed properties.[1][2][4][5]
This cluster article from Homejourney details these options with 2026 rules, ABSD impacts, and actionable steps, linking back to our pillar guide on Foreigners Buying Property in Singapore for the full roadmap. At Homejourney, we prioritize user safety through verified data and transparent guidance to help you make confident decisions.
Properties Foreigners Can Buy Without Approval
Under the Residential Property Act (RPA) administered by the Singapore Land Authority (SLA), foreigners can purchase several non-landed residential types without prior government approval.[2]
Private Condominiums and Apartments: These are the primary options, including freehold and 99-year leasehold units, both new launches and resale. Examples include high-rise condos in prime areas like Orchard Road or emerging spots like Tengah. Foreigners bought over 20% of new private homes in 2025, per URA data.[1][4]
- Insider Tip: Check Projects Directory ">Homejourney's projects directory for verified condo listings with real-time pricing and developer details.
- Freehold properties offer perpetual ownership; leasehold diminishes over time but often starts cheaper.
Strata Landed Houses in Approved Condo Developments: Townhouses or cluster houses within URA-approved condominium projects qualify, blending landed appeal with strata management.[2][5]
Executive Condominiums (ECs) Over 10 Years Old: After the 10-year privatization period, resale ECs become 'private' and open to foreigners, like those in Punggol or Sengkang.[4][5]
Properties Requiring Special Approval
Landed properties like bungalows, semi-detached houses, terrace houses, and strata landed outside approved developments need Land Dealings Approval Unit (LDAU) consent under the RPA.[2]
Approval criteria include holding PR for at least 5 years and demonstrating exceptional economic contribution, such as high taxable income in Singapore. Even Sentosa Cove landed homes require this, though condos there do not.[2][5]
If approved, conditions apply: 5-year minimum hold, owner-occupation only (no renting), and no subdivision.[3] Success rates are low, reserved for significant contributors.
| Property Type | Foreigners Eligible? | Notes |
|---|---|---|
| Private Condos/Apartments | Yes | No approval needed[1][2] |
| ECs >10 Years | Yes | Resale only[4][5] |
| Landed (Bungalow, Semi-D, Terrace) | Approval Required | 5-year PR + economic contribution[2] |
| HDB Flats | No | Citizens/PRs only[4][5] |
Key Restrictions and Costs: ABSD at 60%
HDB flats are off-limits to non-citizens and non-PRs, prioritizing locals.[4][5] All eligible purchases trigger Additional Buyer's Stamp Duty (ABSD) at 60% of purchase price or valuation (whichever higher) for foreigners in 2026.[1][3]
For a S$2 million condo, that's S$1.2 million ABSD, due within 14 days of Option to Purchase (OTP). Add Buyer's Stamp Duty (BSD) from 1-6% tiered by value.[1] Use Homejourney's ABSD Stamp Duty Calculator & Guide 2026 | Homejourney ">ABSD calculator for precise estimates.
Loan-to-Value (LTV) limits cap bank loans at 75% for foreigners, with Total Debt Servicing Ratio (TDSR) applying.[3] No CPF use for foreigners.
Actionable Steps to Buy as a Foreigner
- Verify Eligibility: Confirm non-restricted property via Property Search ">Homejourney's property search or URA Master Plan portal.
- Budget with ABSD: Factor 60% ABSD + 5% OTP deposit. Explore financing via Financing Options for Foreign Buyers in Singapore 2026 | Homejourney ">Homejourney's financing guide and Bank Rates ">bank rates.
- Engage Professionals: Hire a conveyancing lawyer for OTP and stamping. Follow our Step-by-Step Property Buying Process for Foreigners | Homejourney ">step-by-step buying process.
- Exercise OTP: Pay balance deposit (total 5%), lawyer handles IRAS stamping within 14 days.[1]
- Legal Completion: 8-12 weeks later, pay remaining balance, transfer title at SLA.[3]
Disclaimer: This is general guidance; consult licensed professionals for personalized advice. Regulations current as of 2026 per SLA/URA/IRAS.
Pros, Cons, and Decision Framework
Pros of Condos for Foreigners: Liquidity, amenities (pools, gyms), central locations, rental potential post-purchase.[1]
Cons: High ABSD erodes ROI; lease decay for non-freehold; MCST fees (S$300-600/month).[3]
For PRC investors, analyze ROI amid 60% ABSD—often viable for long-term holds in growth areas like Jurong Lake District. See China Nationals Singapore Property Investment: 2026 Worth It Analysis | Homejour... ">China Nationals Investment Analysis. Weigh via: Location > Yield > Hold Period > Exit Strategy.
Common Mistakes to Avoid
- Miscalculating ABSD: Always use higher of price/valuation.[1]
- Overlooking 5-year MOP for ECs: Buy only >10 years old.[4]
- Skipping Lawyer Review: OTP binds you legally—get advice first.
- Ignoring Maintenance: Budget for post-purchase fees; check Aircon Services ">Homejourney aircon services for upkeep.
FAQ: Types of Properties Foreigners Can Buy in Singapore
Can foreigners buy landed property in Singapore?
Only with LDAU approval, requiring 5+ years PR and economic contribution. Condos need no approval.[2][5]
What is the ABSD rate for foreigners buying condos in 2026?
60% flat rate on residential purchases.[1][3]
Can PRC investors buy Singapore condos worth it despite ABSD?
Possible for long-term ROI in prime areas; calculate via Homejourney tools.[1]
Are Sentosa Cove condos open to foreigners?
Yes, without approval; landed needs it.[2][5]
Next Steps: Start your safe search on Property Search ">Homejourney property search. Explore our pillar guide for full details and prioritize trust with verified insights.
