Tag Archives: Singapore

How to Buy Property in Singapore: A Complete Guide

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Singapore is famously known for being one of the most business friendly places in the world. It has an efficient and transparent system and foreigners are welcomed with open arms.

The market is predicted to grow much over the decade as foreigners find Singapore to be a safe place to invest their money.

Buying real estate is also fairly easy, even if there are some regulations toward foreign ownership that you should beware of beforehand.

In this article, you’ll learn the following:

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Property for Sale in Singapore: 6 Interesting New Projects & Launches


Singapore is a preferred location among many local and overseas property buyers. I’m not surprised as it has a well-functioning system, it’s safe, and offers a high quality of life.

This small tax haven will continue to attract people for decades. J.P. Morgan even predicts that prices will double until 2030. Neighboring countries, like Cambodia, Vietnam, Malaysia, and Indonesia are not as stable and still have much to prove in the long run.

In this article, you’ll learn about some of the most interesting new property projects for sale in Singapore, including condos, apartments, and villas. We update the list continuously for you to stay up to date.

Latest Update: 2019-10-17

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Singapore Property Market Outlook in 2019: A Complete Overview


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Singapore’s real estate market has been one of the hottest topics in many newspapers in 2018. I bet it will continue like that in 2019.

Many developers and analysts first believed in a positive market outlook in 2019. But with new regulations in place, I’m not that certain.

In this article, I share my predictions for Singapore’s property market in 2019.

First of all, I will recap what we saw in 2017-2018 for you to better understand the current market climate.

Topics covered in this article:

Singapore’s Property market in 2017: A throwback

After being in a downward trend since 2013, Singapore’s real estate market finally began to show signs of recovery in Q2 2017. During Q1-Q2 2017, property prices and rents were still declining, while the demand and prices for land started to increase.

Still, the vacancy rates reached new record levels in 2017, contributing to a further drop in rents.

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5 Countries Where Foreigners Can Buy Land in Asia


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Asian countries have some of the most prominent and promising real estate markets in the world. While some foreigners prefer to buy condos, villas or apartments for investment or self dwelling purposes, you shouldn’t neglect the opportunities to buy land.

Personally, I believe that foreigners believe that it’s too hard to buy land, and from traditional reasons. But more and more people ask what opportunities they have when buying land in Asia. Unfortunately, there are not so many options available.

In this article, I list the 5 countries where you can buy and own land as a foreigner in Asia. Let’s have a look.

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Top Property Management Companies in Singapore: A Complete Guide


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Buying property in Singapore is not the most difficult task on hand. Fortunately, the market looks very promising in the coming years.

However, buying a property is just your first undertaking, may it be a commercial property, a landed house, or a condo building. You also need to make sure that someone can manage the property for you.

In this article, I present some of the biggest and most popular property management companies in Singapore.

1. Savills

Savills is one of the biggest property management companies in the world, having presence all over the world. The head office of the company is based in London, UK.

The company established in 1855 and currently employs more than 35,000 people. In addition to Singapore, they have 700 offices in 60 countries.

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Singapore Property Loans for Foreigners: A Complete Guide


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I often receive questions from readers who look for local mortgages in Asia, not rarely in Singapore. Not only are there people with financial restrictions, I also come across wealthy investors who own a dozen of properties or more in different countries, looking for options to leverage their money.

Being one of the most economically free and transparent countries in the world, you have significantly more loan options in Singapore, compared to developing neighbours like Thailand and Cambodia.

Therefore, I decided to write this guide where you’ll learn the basics when applying for a property loan as a foreigner in Singapore.

Buying real estate as a foreigner in Singapore

It’s generally easier for local citizens and foreign PR holders to be granted property loans. Being a non-resident foreigner will add on some requirements. For example, verification of proof of incomes, the types of property you can buy and more (non-resident foreigners can only buy private properties, whilst PR holders can buy HDB apartments and have easier access to landed property).

You’ll also need to seek permission from the Singapore Land Authority, before buying property as a non-resident foreigner. PR holders and local citizens are exempted from this requirement.

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Top Conveyancing Lawyers in Singapore: The Ultimate Guide


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Singapore will continue to be a sought after location for investors, companies and traders who want to settle down in Asia. Some people claim that the Singapore real estate market has stagnated and that you have better options in places like Cambodia.

But the fact is that J.P. Morgan predicts that prices will increase as much as 8% in 2018 and that prices will double by 2030. Sure, maybe you can find better yields in some other places in Asia, but if you have the money, Singapore is not a bad bet.

Ownership regulations can be somewhat tricky though, for example, you can generally not buy a landed house as a foreigner. A Conveyancing lawyer can help you through a lot of hurdles and guide you through the purchasing process.

A problem is that you rarely find summarized information about the biggest Conveyancing lawyers in Singapore. Therefore, I’ve written this article, where I list some of the biggest firms.

Introductory remark

The firms are listed in a random order.

1. PKWA Law Practice LLC

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Getting an Overseas Property Loan in Singapore: A Complete Guide


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I get increasingly more questions from foreigners who look for financing overseas, might it be for purchases in the country where the loan is obtained, or elsewhere. Often, the buyers have sufficient with cash, but don’t want to put a big chunk of money in one investment.

There are countries in Asia that offer overseas property loans, one of the most popular ones is Singapore. I will continue writing about how you can get overseas property loans in Asian countries, but let’s start and have a look how it works when obtaining one in Singapore.

What is an overseas property loan?

If you’re a Singapore citizen or a permanent resident foreigner in Singapore, you can apply for a so called overseas property loan. Not all banks offer the loans, but you’ll find a handful of banks who do.

Simply put, overseas property loans are designed for investors who wish to buy property in another country, the banks normally offer the loans for purchases in a limited amount of developed countries, or sometimes even cities.

As a start, you can apply for the loan in your country of residence, but your main contact will be with a local branch in the country where you plan to buy.

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Top Real Estate Agencies in Singapore: A Complete Guide


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Singapore is the financial hub in Southeast Asia and attracts tons of foreigners who want to switch citizenship and settle down in one of the most well-functioning countries in the world.

Buying property is straightforward and regulations transparent, especially in comparison to other countries in the region, like Indonesia, Vietnam or Cambodia. You’ll be able to find a number of real estate agencies, all big players can be found here.

But there are many local agencies that have grown much over the years and that provide great services. Therefore, I decided to write this article where I’ve listed some of the biggest and most popular real estate agencies in Singapore.

Introductory remark

The agents are listed in a random order.

1. Propnex

With almost 7000 agents, Propnex is the biggest real estate agency in terms of agents in Singapore. The company recently merged with another big real estate agency called Dennis Wee group. Ismail Gafoor is originally from India and currently the CEO, he has received a number of awards, such as:

a. 2008 – Entrepreneur of the Year (Association of Small and Medium Enterprises), Top Entrepreneur (eCommerce Awards), Overall Indian Entrepreneur of the Year (Singapore Indian Chamber of Commerce and Industry)

b. 2015 – Entrepreneur of the Year (Spirit of Enterprise, Nexia-TS)

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Buying Commercial Property in Singapore: The Ultimate Guide


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If you read this article, you’ve probably understood that residential property is not your only option when investing in Singapore. Or maybe you just want to know more about how it works when buying commercial property.

The fact is that you can buy commercial property without the necessity to put up a big amount of money, if that’s your goal. Many faulty believe that buying commercial property is out of their range and dedicated to more sophisticated investors. Let’s break this myth.

In this article, you’ll learn how you can buy commercial property in Singapore, what the benefits are, about commercial property taxes, if you can get loans when buying commercial property, and more.

Buying strata-titled commercial property in Singapore

Buying a unit in a condo (strata-title property) is a preferred option when expats and Asians invest in the Southeast Asia. Why? Because it brings many benefits, is comparatively cheap (maybe Singapore excluded), and give buyers full freehold ownership.

But condominiums are not the only property type which comes with a strata-title, in fact, you can buy strata-title commercial property as well. The same concept applies: you own a unit, share common areas with others, and let someone maintain the whole building.

One misconception is that people believe that you need to buy the whole structure. But you rarely buy a whole condo building either, right?

Benefits of buying commercial property in Singapore

Understandably, there are both benefits and drawbacks when buying residential- and commercial properties. First, let’s have a look at some of the clear benefits when buying commercial property:

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