Can a foreigner or permanent resident buy a property in Singapore?
Under the Residential Property Act (RPA), with effect from 19 July 2005, foreigners can purchase apartments in non-condominium developments of less than 6 levels without the need to obtain prior approval. For restricted property such as vacant land, landed properties such as bungalows, semi-detached and terrace houses, prior approval is still needed if foreigners wish to buy. Landed properties is a special class of residential property that Singaporeans aspire to own, and should remain restricted. Foreigners need to apply for approval from Singapore Land Authority before buying. For more details on application, visit the SLA website. Every application is considered on its merits. The main criteria are whether you are a permanent resident of Singapore and your economic contribution to Singapore. More details and information can be found in our Procedures for Purchase.
