Singapore stands out as a premium destination for property investment, captivating both local and international investors. Renowned for its stable political landscape, robust legal framework, and strategic location in Southeast Asia, Singapore offers a secure and lucrative environment for real estate ventures. The city-state boasts world-class infrastructure, exceptional connectivity, and a sophisticated financial ecosystem, positioning it as a pivotal center for global business and trade. With transparent property regulations and a reliable judiciary, Singapore ensures investor confidence and protection, making it an attractive choice for investments in residential, commercial, and industrial sectors. Supported by a resilient economy and a dynamic real estate market, Singapore continues to be a favored choice for discerning property investors seeking capital growth and rental income opportunities.
Who are buying properties in Singapore
Singapore Citizens and Permanent Residents
First-Time Homebuyers. Upgraders who currently own an HDB flat or private property and wish to upgrade. Families looking for stable, long-term living arrangements with proximity to good schools, parks, and amenities.
Foreigners
Expats working in Singapore who plan to stay long-term may find it advantageous to buy instead of rent. Frequent visitors who visit Singapore often for business or leisure and prefer the convenience and security of owning a property.
Property Investors
Local Investors looking to invest in properties with high rental yields or potential for capital appreciation. Foreign Investors seeking a stable market with strong legal protections and potential for returns. Institutional Investors such as REITs (Real Estate Investment Trusts) and investment funds looking to invest in commercial or residential properties.
Business Owners
Small Business Owners who may want to buy commercial properties like shophouses or office spaces to use for their business operations. Corporate Entities looking to invest in office spaces, retail spaces, or industrial properties as part of their business expansion or investment strategy.
High-Net-Worth Individuals
Luxury Home Buyers seeking high-end properties in prime locations for personal use or as part of their investment portfolio. Real Estate Collectors who collect properties as part of their assets, often looking for unique or prestigious homes.
What types of residential property can I buy
When contemplating the purchase of a property, it is imperative to thoroughly assess your housing or investment needs. Initially, determine the primary objective of your acquisition: Are you seeking a residence or an investment opportunity?
Budget
Determine how much you can afford, including savings, CPF funds, and potential loans.
Check your loan eligibility and get an in-principle approval (IPA) from a bank or HDB.
Property Type
HDB Flats. Ideal for first-time buyers and families, HDB flats are affordable options for Singaporean citizens and permanent residents, with various schemes and grants available to eligible buyers.
Developer Launches. Brand new properties launched by developers, including landed, strata-landed properties, condominiums and executive condominiums. These offer the latest designs, modern amenities, and often come with a warranty.
Resale properties. Are homes that have been previously owned and are now for sale again. They include HDB flats, private condos, and landed houses. These properties are ready to move into and are in established neighborhoods with amenities. Buyers can view the actual unit before purchasing.
Private Condominiums. Offer amenities like pools, gyms, and security. They are suitable for those looking for a luxurious lifestyle.
Landed Properties. Owners of landed properties have greater flexibility to renovate and customize their homes to suit their preferences.
Executive Condominiums (ECs). Hybrid between public and private housing, offering the benefits of private condos at a lower price point, with eligibility criteria similar to HDB flats.
Location
Central. Properties in central locations (e.g., Orchard, Marina Bay) offer convenience and high investment potential but come at a premium price.
Suburban Areas. More affordable and family-friendly, with access to good schools, parks, and amenities.
Future Developments. Consider areas with upcoming infrastructure projects or developments, which may increase property value over time.
Investment Potential
Capital Appreciation. Look for areas with potential for property value increase.
Rental Yield. Consider locations with high rental demand and good rental yields.
District 01
Marina View Residences
Union Square Residences
Marina Gardens Lane (coming soon...)
Skywater Residences
District 02
TMW Maxwell
Newport Residences
District 03
District 04
Keppel Bay Plot 6 (coming soon...)
The Residences at W Singapore Sentosa Cove
Cape Royale
The Reef at King's Dock
Seascape
Turquoise
District 05
Clementi Ave1 GLS (coming soon...)
The Hillshore
Blossoms By The Park
Terra Hill
District 06
Canninghill Piers
District 07
Aurea (Former Golden Mile Complex) (coming soon...)
Concourse Skyline
District 09
Orchard Sophia
Klimt Cairnhill
Sophia Regency
Hill House
Enchante
Ikigai
Lloyd SixtyFive
Reignwood Hamilton Scotts
The Ritz-Carlton
The Lumos
District 10
21 Anderson (coming soon...)
Grange 1866
19 Nassim
Cuscaden Reserve
Jervois Prive
Boulevard 88
3 Orchard By-The-Park
District 11
32 Gilstead
Watten House
District 12
Lor 1 Toa Payoh (coming soon...)
The Arcady at Boon Keng
District 14
Gems Ville
Mattar Residences
District 15
Straits at Joo Chiat
Emerald of Katong
Claydence
K Suites
Ardor Residence
Arina East Residences (coming soon...)
District 16
Bagnall Haus (coming soon...)
District 17
Kassia
The Shorefront
District 19
Bartley Vue
District 21
8@ BT (coming soon...)
District 03
District 04
The Interlace (3 Bedroom)
The Coast @ Sentosa Cove (4 Bedroom)
District 09
District 13
How to buy a property in Singapore
Budgeting
Assess your finances and check your eligibility for a housing loan and get an in-principle approval (IPA) from a bank or HDB.
Understanding all the taxes and fees involved in the entire buying process as well as the cost of maintenance and upkeep of the property.
Preferences and Goals
Evaluate your lifestyle preferences, long and short-term investment goals.
Research
Research on factors like proximity to amenities, schools, and public transport and its effects on property prices.
Understanding price Trends. Analyze current market trends and property prices in your desired location.
Real Estate Agent
Find a Reliable Agent who understands your needs and can guide you through the process. Let your agent arrange property viewings, help you shortlist potential options and eventually negotiate and secure the purchase for you.
Make an Offer and Secure the Property
Decide on a reasonable offer based on market value and property condition. Secure the property by paying the option fee (usually 1% of the purchase price for a resale property and 5% upfront for a new launch property).
Lawyer
Engage a lawyer to handle the legal aspects, such as title searches, preparing the sales and purchase agreement, and transferring ownership.
Complete the Purchase
Confirm the purchase by way of Exercising OTP. Pay the stamp duty and exercise fee (usually 4% of the purchase price for a resale property and no payment at this stage for a new launch property) to confirm the purchase.
Before completing the purchase, arrange for the remaining payment and legal fees. Complete the transaction and collect the keys to your new property.
Insurance
Consider getting home insurance to protect your new investment.
Rowanne Foong
With 20 years of full-time experience as a real estate salesperson, I bring a wealth of knowledge and expertise to the table. I hold a postgraduate master's degree in Civil and Structural Engineering, which provides me with a strong technical background.
My passion lies in guiding my clients through their property investment journey, ensuring a smooth and successful transaction every step of the way. I am dedicated to helping my customers achieve financial growth through strategic real estate investments. Whether you are buying, selling, or investing in property, my mission is to make the process as seamless and rewarding as possible.
Over the years, I have developed a strong proficiency in handling all types of residential real estate, fully competent in:-
Extensive Market Knowledge. I stay up-to-date with the latest market trends, regulations, and property values to provide my clients with the most accurate and relevant information.
Diverse Property Expertise. From HDB flats and private condominiums to landed properties, I have successfully managed transactions across various property types.
Strategic Negotiation Skills. My ability to negotiate effectively ensures that my clients get the best possible deals, whether they are buying, selling, or leasing properties.
Personalized Service. I take the time to understand my clients' unique needs and goals, tailoring my approach to meet their specific requirements and preferences.
Problem-Solving Abilities. My engineering background equips me with analytical and problem-solving skills, enabling me to address any challenges that may arise during the transaction process.
Strong Network. Over the years, I have built a robust network of industry contacts, including legal advisors, mortgage brokers, and contractors, to provide comprehensive support to my clients.
My commitment to excellence and customer satisfaction has earned me a reputation for reliability and professionalism in the real estate industry. I look forward to assisting you in achieving your property goals and ensuring a successful investment journey.
