In property investment, there are many property regulations in Singapore one needs to be familiar with. This can be especially confusing to new buyers due to the multitude of rules involved in purchasing a property in Singapore.
For most Singaporeans, buying a BTO or an HDB resale flat is usually the first property they will invest in due to the generous government grants offered to first-time buyers. It is also the most affordable for many young couples who just started out in their careers.
For foreigners, they faces additional restrictions, like the type of properties they are eligible to purchase.
If the multitude of Singapore property regulations remains too confusing, please contact us and we are happy to assist you.
Sg Home Investment also provides the following resources and information to assist you in your property purchase. They are grouped under the following categories:
New HDB Classifications Key Takeaways: New HDB Flat Classifications: HDB BTO flats will now be classified under Standard, Plus, and Prime to reflect their locational attributes and pricing better. Timeline: Changes take effect from the October 2024 BTO launches. End of Old Definitions: The mature […]
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For foreigners who wish to buy residential properties, either for own stay or investment, there are a number of Singapore property rules to take note of. The purchase of residential properties is governed by the Residential Property Act (RPA) which specify, among other things, what […]
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On 9 May 2019, the Ministry of National Development (MND) and the Ministry of Manpower (MOM) jointly announced a change in CPF usage and housing loan rules. Under the new rules, how much CPF monies can be used for a property purchase will depend on […]
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The Ministry of National Development (MND) and HDB have announced another round of property cooling measures. This is primarily to cool the HDB resale market while providing more support for first-time home buyers. This will take effect from 20 August 2024, 12.00 am where the […]
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The Government has announced increases in the Additional Buyer’s Stamp Duty (ABSD) rates to promote a sustainable property market. The revised rates will take effect from 27 April 2023. Although the implementation of the property cooling measures in December 2021 and September 2022 has had […]
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It is important to know what are the Singapore property stamp duties – BSD, ABSD and SSD – as they will have an impact on your property investment. But first of all, what are they? Basically, they are acronyms for Buyer’s Stamp Duty, Additional Buyer’s […]
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On 29 September 2022 close to midnight, the Singapore government announced a new round of property cooling measures. They will come into effect on 30 September 2022. In a joint statement by MAS-MND-HDB, the objective is “to promote sustainable conditions in the property market by […]
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