FREQUENTLY ASKED QUESTIONS
As a foreigner, can I buy residential property in Singapore?
Foreigners are eligible to purchase condominium property in Singapore.
The applicable residential ABSD rate for 1st and subsequent property is 30%.
How much CPF I can use for private home purchase?
If you do not own any residential property, and have yet to reach 55 years old, you can use the full CPF OA available, up to the purchase price/market valuation of the property.
Are Singapore PR eligible to buy private property in Singapore?
Singapore PR are eligible to purchase private property in Singapore.
The applicable ABSD rate for 1st property is 5%.
What is the downpayment required for new launch condo?
The downpayment is 25%. The rest of the payments are paid progressively according to construction stages and can be financed with bank loan.