Applications to buy vacant land will not be favourably considered. Applicants are advised to buy built-up property or a property under construction.
It means all residential landed properties, including vacant land, detached houses, semi-detached houses, terrace houses; and any land or building zoned or gazetted for residential purposes.
Approval will have to be obtained from the Minister for Law to purchase any of the above.
If the shophouse (mixed commercial and residential use) is not strata subdivided and is in an area zoned for commercial use, it is not a ‘residential property’ within the meaning of the Residential Property Act.
If the shophouse (mixed commercial and residential use) is not strata subdivided and is in an area zoned ‘residential’ within the […]
What are the properties a foreign person can acquire without having to apply for approval under the Residential Property Act?Law2016-06-02T07:03:58+08:00
A foreigner may buy the following types of properties:-
- a flat or apartment in a building (irrespective of levels) (including an HUDC Phase I or Phase II flat and a privatised Phase III or IV flat). However, the foreigner may not buy all the units within a Development.
- an unit in an approved condominium development.
- a leasehold estate […]