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Depending whether you are buying the property for own stay or investment, location plays an important role.Properties in prime districts retain their value very well and they usually have the highest capital gain in a bullish property market.The first owner of a Executive Condominium are not allowed to re-sell their unit in the secondary market within the first 5 years.After the initial 5 years, owners are allowed to sell their units to Singaporeans.Much confusion and embarrassment will arise if you engage many agents.

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.A professional property agent in Singapore will assist you and protect your interest throughout the purchase, secure the offer for you at the best possible price.With a much better knowledge of Singapore, the agent will be in a better position to recommend and advice on the choice of property.Up to 50% of the investment can be in private residential properties, subject to foreign ownership restrictions under the Residential Property Act (RPA).This is to attract and anchor foreign talent in Singapore.

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