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FAQ - Foreign Buyers (Property)

Buying Properties by Foreingers in Singapore

What is the meaning of "foreign person"?

Foreign person as defined in the Residential Property Act includes:

(1) person who is not a Singapore citizen
(2) a foreign company; and
(3) a foreign society

I am a Singapore Permanent Resident, can I buy residential vacant land to build a property?

Applications to buy vacant land will not be favourably considered. Applicants are advised to buy built-up property or a property under construction.

Are HDB and conservation shophouses considered as restricted residential properties?

If the shophouse (mixed commercial and residential use) is not strata subdivided and is in an area zoned for commercial use, it is not a 'residential property' within the meaning of the Residential Property Act.

If the shophouse (mixed commercial and residential use) is not strata subdivided and is in an area zoned 'residential' within the meaning of the Residential Property Act, it is a restricted residential property.

What is the meaning of "residential property"?

It means all residential landed properties, including vacant land, detached houses, semi-detached houses, terrace houses; and any land or building zoned or gazetted for residential purposes.

Approval will have to be obtained from the Minister for Law to purchase any of the above.

What are the properties a foreign person can acquire without having to apply for approval under the Residential Property Act?
A foreigner may buy the following types of properties:-
     
(1)   a flat or apartment in a building (irrespective of lev