Foreign investors must have a thorough understanding of the regulations and restrictions governing property ownership in Singapore. In comparison to landed properties, condos can be purchased by foreigners with relatively fewer restrictions. However, it is important to note that foreign buyers are still subject to the ABSD, currently set at 20% for their initial property purchase. Despite the additional costs, the stability and potential for growth in the Singapore real estate market remain appealing to foreign investors, making high-rise condos a popular choice for investment. High-rise condos continue to attract foreign investment due to the favorable conditions offered by the Singapore market.
Ensuring the sustainability of our investments is crucial, especially in the ever-changing real estate market in Singapore. One key factor that potential condo investors must take into account is the government’s property cooling measures. Singaporean authorities have implemented several measures to control the influx of speculative buyers and …