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Hi, I have a Malaysian relative who like to like to invest a condo in Singapore. Can anyone advice what is the procedures?
Does he need to open a bank account in Singapore, how do he bring the money over? Usually you guys do it by Cash or bank transfer.What are the forms for that he need to fill up to bring so much money to Singapore for customs or MAS declaration. TIA
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6 Answers

Hi, it will be via bank transfer and perhaps my banker could be able to assist further ?

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

Yes bank account in Singapore is preferable, usually through bank wire transfer. My banking partner will be happy to assist. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! ** Read More
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Hi,

Thank you for your query!
A singapore bank account will be preferable.
Would you need my network of bankers to assist you on this matter? You could also take the opportunity to apply for an IPA (In Principal Approval) for the purchase. Perhaps you can contact me at 96659926  for a short discussion for me to run you through the overview of the purchase framework, understand your requirements and specifications as well as calculate your finances on hand (Cash/CPF amalgamation) to construct a financial plan with payment timeline. Based on your investment objectives and protected returns in mind, I will be able to narrow down ideal developments and shortlist exact unit layout type for your perusal.

I have actively transacted many private properties (testimonials available on website) and since you may be unfamiliar with the process, you might want to tap onto advise and guidance in this regards, at no obligation of course. I will walk you through the entire process from selecting developments/ arranging viewings, handling bank/finance aspect, arrange for your legal processing matters as well as handle all paperwork at no cost. The purchase of private property does not involve agent fees and thus, you will enjoy expertise at every level at no obligation and cost. Furthermore, I will take the opportunity to run you through past and present transaction caveat & illustrate a pricing and sales report with projected returns/ capital gains for you to observe and understand, offering market insights for your consideration. Thank You!

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D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA 2015 Q1 Top Achievers (Top1%)
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P Group
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Thea Hoi Shu Min
Dear Buyer,

Good day to you! I would be more than happy to assist your relative in their house searching process. I have done similar cases before therefore opening a bank account in Singapore is required. Feel free to give me a call at 81255537  or email me anytime in order to send you a report on the available properties that suits you. Hope to hear from you soon! Warmest Regards
Thea
 81255537 
thea.hoism@gmail.com Read More
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Hi

You may ask your relative to write to gavin.ng@orangetee.com and I will advise them.

Thanks

Gavin Read More
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