In Singapore, foreign persons can purchase a condominium unit without approval under the Residential Property Act.
According to the Singapore Land Authority, this group can also buy such property types as:
- a 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;
- an executive condominium unit, an HDB flat and HDB shophouse, among others. (For HDB eligibility guidelines, more information is here or email HDB at [email protected] .)
Data for the January-to-March 2021 quarter has shown that private home purchases (excluding executive condominiums) by Singapore Permanent Residents (SPRs) rose 28% to 1,118 transactions for the period compared to the previous quarter’s 872.