Hi there!
- As an Indonesian citizen, you can definitely buy private properties like apartments in Singapore.
- Orchard area is a prime location, great for investment due to its central location and high demand.
- Other areas to consider for investment with potential high returns are Marina Bay, Holland Village, and Bukit Timah.
- You’ll need to engage a realtor to help with the property search, negotiations, and paperwork.
- A lawyer will be necessary to handle the legal aspects of the purchase.
- Ensure you have at least 20% of the property's value for the down payment.
- Be aware of additional costs like the Buyer’s Stamp Duty and Additional Buyer’s Stamp Duty for foreign buyers.
- Financing options are available through banks, but it's best to consult with them to understand your loan eligibility and interest rates.
Hope this helps. Thank you!
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- Mani Subramanian Veeramani
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