It is crucial for international investors to be familiar with the rules and limitations surrounding property ownership in Singapore. While foreigners face fewer restrictions when purchasing condos, they must abide by stricter regulations when it comes to buying landed properties. Additionally, they are required to pay the Additional Buyer’s Stamp Duty (ABSD), which is currently set at 20% for their initial property acquisition. Nonetheless, the stable and promising growth of the Singapore real estate industry remains a significant draw for foreign investments, making Singapore Condos a highly sought-after choice.
SINGAPORE (July 30): Keppel Limited has recently sold off $477 million worth of real estate assets as part of its accelerated monetisation programme. These latest divestments have brought the group’s total monetisation figure to $915 million year-to-date.Keppel’s recent transactions include the divestment of its entire stake in a commercial building in India for $379 million and its stake in the Vietnamese …
