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PR is eligiable to buy which type of property or house ?

Relocating, travelling or planning to make Singapore home? Discuss the criterias, passes or visa that is required.
renu_naidu
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PR is eligiable to buy which type of property or house ?

Postby renu_naidu » Mon, 03 Oct 2011 11:05 am

Hi,

A single PR, female, can i buy any property or house ( private or HDB, stuido apartment etc) in Singapore?

If yes , can you anyone guide.

Thanks & Regards,
Last edited by renu_naidu on Wed, 05 Oct 2011 1:24 pm, edited 1 time in total.

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sundaymorningstaple
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Postby sundaymorningstaple » Mon, 03 Oct 2011 11:39 am

Single PR can only buy private housing (condo). They cannot buy HDB, 35 or 55 nevermind. Only Single Citizen can buy HDB if over 35 (3 RM flat only).

Solution: Marry a Singaporean.

renu_naidu
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PR is eligiable to buy which type of property or house ?

Postby renu_naidu » Mon, 03 Oct 2011 12:56 pm

Hi again,

Instead of marrying a singaporen , can I buy HUDC Flat ?

If yes, what is the difference between HUDC and HDB flat ?

Thanks & Regards

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sundaymorningstaple
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Postby sundaymorningstaple » Mon, 03 Oct 2011 2:13 pm

Only if it's been privatized.

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Postby sundaymorningstaple » Mon, 03 Oct 2011 2:26 pm

What are the non-restricted residential properties?

Foreigners are not restricted from acquiring:

Developments approved as a condominium development under the Planning Act

A flat in a building of 6 levels or more including the ground level and any level below the ground level including HUDC Phase I, Phase II flats and privatised HUDC Phase III and IV flats

A leasehold estate in restricted residential property (refer to A) for a term not exceeding 7 years including any further term which may be granted by way of an option for renewal


http://www.singaporeexpats.com/guides-f ... rchase.htm

renu_naidu
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PR is eligiable to buy which type of property or house ?

Postby renu_naidu » Mon, 03 Oct 2011 2:31 pm

Hi,

Not so easy to buy one house here, lets hope for the best..

Thanks for your information..

Regards,

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Postby therat » Mon, 03 Oct 2011 4:19 pm

sundaymorningstaple wrote:Single PR can only buy private housing (condo). They cannot buy HDB, 35 or 55 nevermind. Only Single Citizen can buy HDB if over 35 (3 RM flat only).

Solution: Marry a Singaporean.


Single Citizen can buy any size of resale HDB flat except studio unit. No longer restricted to 3 rm flat.

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Postby ausinsg » Thu, 06 Oct 2011 3:36 am

What is non-restricted residential property under the Residential property Act
A foreign person is not restricted from acquiring:

* any apartment within a building;
* any unit in an approved condominium development under the Planning Act; and

Note: A foreign person is not allowed to acquire all the apartments within a building or all the units in an approved condominium development without the prior approval of the Minister for Law.
* a leasehold estate in restricted residential property for a term not exceeding 7 years, including any further term which may be granted by way of an option for renewal.

http://www.sla.gov.sg/htm/ser/ser0306.htm#b

The above only refers to private residential property and not HDB.

The govt removed the six level or higher restriction a few years back too.

--

You could consider commercial property if it is for investment.

Or a HDB Shophouse if you want the best of both worlds...live upstairs and rent out the shop below.

renu_naidu
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PR is eligiable to buy which type of property or house ?

Postby renu_naidu » Thu, 06 Oct 2011 9:56 am

Thks a lot !!


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