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FOREIGN OWNERSHIP OF PROPERTY
FOREIGN OWNERSHIP OF PROPERTY
A foreign person who wishes to purchase a landed residential property is required to seek approval under the Residential Property Act. All applications have to be submitted online at www.sla.gov.sg/ldau.
WHO IS CONSIDERED A FOREIGN PERSON?
A foreign person means any person who is not the following
- Singapore citizen;
- Singapore company*;
- Singapore limited liability partnership*; or
- Singapore society*.
*Please see FAQs on Clearance Certificate for purchase of landed residential property
WHAT ARE THE CRITERIA FOR APPROVAL?
Each applicant is assessed on a case-by-case basis, taking into consideration, including but not limited to, the following factors:
- You should be a permanent resident of Singapore for at least five years; and
- You must make exceptional economic contribution to Singapore. This is assessed taking into consideration factors such as your employment income assessable for tax in Singapore.
TYPES OF PROPERTY A FOREIGN PERSON MUST SEEK APPROVAL TO PURCHASE
- Vacant residential land;
- Terrace house;
- Semi-detached house;
- Bungalow/detached house;
- Strata landed house which is not within an approved condominium development under the Planning Act (eg. townhouse or cluster house);
- Shophouse (for non-commercial use);
- Association premises;
- Place of worship; and
- Worker’s dormitory/serviced apartments/boarding house (not registered under the provisions of the Hotels Act).
TYPES OF PROPERTY A FOREIGN PERSON CAN PURCHASE WITHOUT APPROVAL
- Condominium unit;
- Flat unit;
- Strata landed house in an approved condominium development;
- A leasehold estate in a landed residential property for a term not exceeding 7 years, including any further term which may be granted by way of an option for renewal;
- Shophouse (for commercial use);
- Industrial and commercial properties;
- Hotel (registered under the provisions of the Hotels Act); and
- Executive condominium unit, HDB flat and HDB shophouse. (For this category, you may wish to find out more information on HDB eligibility guidelines at hdb.gov.sg or email HDB at hdbsales@mailbox.hdb.gov.sg.)
MORE INFORMATION
For more information on foreign ownership of residential properties, please refer to the FAQs.
You can also send us an email or contact us at:
Land Dealings Approval Unit
Singapore Land Authority
55 Newton Road
#12-01 Revenue House
Singapore 307987
Tel: 6478-3444