Singapore is economically and politically stable with a low crime rate and is known as “one of the safest countries in the world”.
There are 3 types of land title in Singapore – 99 years (leasehold), 999 years (freehold)
There is no apartment without fitment in Singapore. All apartments are well-furnished.
Foreigners can apply for a home loan in Singapore, with a maximum loan limit of up to 75%. The loan interest rate is relatively low, at 2% per annum.
There is a 4% stamp tax on house purchases. Foreigners are required to pay additional stamp duty (ABSD) of 20%. It is only 5% more than the second suite for Singapore permanent residents and the third suite for Singapore citizens.
The property tax in Singapore is relatively low, with the annual cost is about 0.2% of the evaluation price of the property. 。
there is no inheritance tax and Singapore’s real estate bubble index is quite low. In recent years, property prices have grown steadily in Singapore. In 2018, the Singapore government introduced cooling measures to suppress the tendency for housing prices to increase too fast.
