Yes, foreigners are eligible to purchase properties in Singapore. For residential properties, the restriction will be on HDB and landed homes (subjected to approval if you apply), but subjected to higher Additional Buyer's Stamp Duty as a foreigner in comparison to Citizen or Permanent Resident.
In terms of downpayment, if you have no existing housing loans here in Singapore, you are eligible to a maximum of 80% loan (valuation or purchased price whichever is lower). Loan amount has to be assessed by a banker based on your income. Pricing of properties differ across the island.
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My self introductory video on https://youtu.be/6UfrCOCB6Mg
Regards,
Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
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