buying a property as a foreigner

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Lars andersen
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buying a property as a foreigner

Post by Lars andersen » Sun, 24 Aug 2008 2:02 am

Hi all

I will be relocating to Spore in a year, and i have a belief that rent money is dead money, so i am curious if there are any laws preventing foreigners buying property in Spore.
I see there are 99 and 999 year leases and also freehold properties. Ideally i would rather freehold property, presuming it means that you buy it, you own it forever. (i do not expect to live 999 years, but for peace of mind i rather the latter). Anything i should particulary watch out for when buying property either?

Thanks and kind regards
Lars

Singapore Property Search

 

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