What do I need to know when buying property in Singapore?
When we asked expats what advice they would give a foreigner before buying a property in Singapore, they said...
"1. It is important to research the area you are looking to buy in, as well as the property itself, to ensure it meets your needs. 2. You should also consider the cost of living in the area, as well as the potential for capital appreciation. 3. It is important to understand the legal process of buying property in Singapore, including the various taxes and fees associated with the purchase. 4. You should also be aware of the different types of property available, such as HDB flats, private condominiums, and landed properties. 5. It is also important to consider the financing options available, such as bank loans, CPF funds, and other forms of financing. 6. Lastly, it is important to engage a qualified real estate agent to help you navigate the process of buying property in Singapore," said another in Singapore.
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What do I need to know when buying property in Singapore?
If you live in Singapore, newcomers to Singapore would love to hear your answer to this question: