Singapore property investment

goon221 — Fri, 30 Mar 2018 17:47:39 +0800

Q: Can foreigner buy singapore property?
A: yes, foreigners can buy private residentiall (non landed), commercial and industrial property in Singapore.

Q: other than the property price, what are the other cost?
A: for residential, foreigners need to pay 18-19% stamp duty. For commercial and industrial properties, buyers need to pay 3% stamp amd 6% GST. Legal fees cost are $3000.

Q: Are foreigners eligible for bank loan:
A: Yes, loan to valuation up to 80%

Q: does buyers need to pay commission
A: buyer does not need to pay commission.

Q: currently what is the bank loan interest rate (2018)
A: it is around 1.5%-2%

Q: what is the rental yield
A: around 3-3.5%

Q: what is the quantum of Singapore private property?
A: it is from S$600,000 onward.

Q: why Malaysians buy Singapore properties?
A: 1. Singapore property market is well regulated by Singapore governmemt.
2. Easy to rent out. Vacancy rate for residential property is only around 5-8%. Many expatriates work in Singapore
3. Positive cash flow. Rental yield is around 3-3.5%, bank loaninterest is 1.5% only.
4. Good capital appreciation.
5. Stable and appreciating currency. It was RM1 = $1 in 1960. Now it RM3 = $1
6. Easy to collect rent. Dont have to worry too much that the tenant does not pay rent
7. Singapore land scarcity
8. Growing population. Singapore targets population of 6.9 million. Currently, Singapore population is 5.6 million.
9. Malaysians buying Singapore property for their children who are working or studying in Singapore.
10 Diversification
11. One of the world safest country.

For more detail about Singapore property investment. You may pm me for discussion.

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Investing Singapore Property

goon221 — Thu, 24 Apr 2014 23:23:29 +0800

New Condominium Launch in Singapore

Malaysians / Foreigners are eligible to buy

Project Details

Development Name: Alex Residences
Developer: Singapore Land Limited
Address: 28 Alexandra View
District: 03
Development Type: Residential
Tenure: 99 yrs
Site Area: 6,501.4 sqm / 69,981 sqft (approx.)
No. of Blocks / Storey: 1 Tower, 40-Storey high with Sky Park
No. of Units: 429
Flooring Provisions: Marble: (Living/Dining/Kitchen) Timber Flooring: (Bedrooms)
Car Park: 4 Basement, no. of lots: approx. 433 (inclusive of 4 handicap)
Expected T.O.P: 28th February 2019

Price from S$950,000

For more information, please called / sms / whatsapp
Kent Choo (+65) 84997233
kentchoo82@gmail.com

Huttons Asia Pte Ltd
Senior Marketing Director

I am a Malaysian, born in Penang. Currently i am working in Singapore as a registered property salesperson. I graduated in Universiti Teknologi Malaysia. Please feel welcome to contact me if you are interested to buy properties in Singapore. I can advice you on the most suitable property for you. I can arrange a property tour for you to visit Singapore properties.

Malaysians and foreigners are eligible to get property loan from Singapore banks.
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Singapore property investment

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