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Good day,

For foreign buyers, normal stamp duty (up to 3%) and additional buyer's stamp duty (10% for foreigners) would apply.

As an example, for a $700,000 property, he will have to pay $15,600 in stamp duty plus $70,000 in additional buyer's stamp duty.

For the loan, he can get an approval in-principle done with local banks first, I'll be able to introduce bankers to him for him to decide.

In terms of investment ideas, we can discuss on his target investment returns and investment time, and with the discussion I'll be able to propose suitable ideas.

I look forward to hearing from you, thank you.

Leong BX
Orangetee
H/P: 91807174  Read More

Hi, hopefully you managed to get your doubt or query answered. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More