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Dear CG,

Only those above the age of 21 can legally own property in Singapore, however you can hold the property in trust for him/her such that your child is the beneficial owner of the property until he turns 21.

Often times, banks would have an issue granting a mortgage over trust property, however since you are paying in full cash there is not such problem.

You should seek the advice of a lawyer to structure the necessary for you.

Warmest regards,

Natasha Goh
LL.B (NUS)Hons
Sales Manager (SRI5000)
Reg No: R045004B
Mobile - (65) 9834 3604 
SRI5000 - Division of SLP Realty (Reg: L3009793I) Read More

AGE 21 :)
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