What is considered a foreign person?
If you are not one of the following:
- Singapore citizen;
- Singapore company;
- Singapore limited liability partnership; or Singapore society.
As a foreign person, you can only own properties with no restriction on foreign ownership.
Properties with no restriction on foreign ownership
- Condominium unit;
- Flat unit;
- Strata landed house in an approved condominium development;
- A leasehold estate in a landed residential property for a term not exceeding 7 years, including any further term which may be granted by way of an option for renewal;
- Shophouse (for commercial use);
- Industrial and commercial properties;
- Hotel (registered under the provisions of the Hotels Act);
Properties with restriction on foreign ownership
- Vacant residential land;
- Terrace house;
- Semi-detached house;
- Bungalow/detached house;
- Strata landed house which is not within an approved condominium development under the Planning Act (eg. townhouse or cluster house);
- Shophouse (for non-commercial use);
- Association premises;
- Place of worship; and
- Worker’s dormitory/service apartments/boarding house (not registered under the provisions of the Hotels Act).
In order to purchase the above properties, it is prerequisite to be a Singapore Citizen.