It is crucial for foreign investors to have a thorough understanding of the rules and limitations surrounding property ownership in Singapore. Unlike landed properties that have stricter regulations, foreigners can usually purchase condos with relative ease. However, they are still subject to the Additional Buyer’s Stamp Duty (ABSD) which is currently set at 20% for their initial property investment. Despite this extra expense, the stable and potentially lucrative nature of the Singapore real estate market remains a strong draw for foreign investors. Naturally, the prospect of property appreciation, as seen on sites like susukinono1.com, only adds to this appeal.
2. Increases Energy Efficiency
Singapore’s cityscape is characterized by skyscrapers and state-of-the-art structures. Condo developments, situated in strategic locations, offer a desirable combination of opulence and accessibility that appeals to both locals and foreigners. These residential complexes are equipped with top-notch facilities like pools, fitness centers, and security provisions, elevating …