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Hi all, my husband and I are both foreigner and married. We would like to buy private property in Singapore. Can I know what is the Property Legal Advice like. Example: the term of loan, the interests rate, first property % down payment & second property % down payment and the others.

Loves,
WW
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2 Answers

Eugene Ho
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Hi Wendy

Buying a property in Singapore is pretty easy process. You just need ensure you have contacts for bankers, lawyer, real estate agents.

For best advise, i can refer a reliable banker to evaluate your financial health for you. Free of Charge. Meanwhile, below are for your basic understanding.

Max loan tenure allowable
1) 30years, or
2) retirement age of 65year, whichever is earlier

Loan eligibility
1st Property: up to 80% of Valuation
2nd Property: up to 50% of Valuation

Inital Cash outlay is 20% within 2month

Stamp Duty
Normal Stamp Duty + Additional Buyer Stamp Duty = 18% (for foreigner)

Legal fee
- usually approximate $2500-$3000 (dependent on the service of lawyer u choose)

Do contact me for further advise on SG property purchase

Gd day!
Eugene Ho
huttons Asia Pte Ltd)

Call/whatsapp: +65 91062924 
Email: eugenehowc@gmail.com
website: www.NewLaunch88.com Read More
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Aaron Chong
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Hi Wendy

For foreigner, additional stamp duty will be 15% + 3% = 18%. Pls feel free to contact me should you need assistance. Cheers!

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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