Regulations on Foreign Private Properties ownership in Singapore

Regulations on Foreign Private Properties ownership in Singapore


  1. Can foreigners own or purchase private properties or condos in Singapore?

The Residential Property Act in force since 11 Sep 1973, restricts a Foreign person that the only private property that the person can own are Strata Titled properties (e.g. units in a condominium), unless there is special approval granted. They may request for special permission from SLA’s Unit to own landed property. For example, Sentosa Cove was a development to encourage foreigners to reside in Singapore, the approval of which can be as fast as 2 weeks. However, for other locations this typically takes 4 weeks to 6 weeks.

However, Foreigners can still own landed property for up to maximum of 7 years leasehold (including Option to Extend) through a lease.

Note that Executive Condominium (EC) is not classified as a Private Property under the Act and Foreigners may purchase them. ECs are governed under HDB.

  1. What are Private Properties?

Detached houses, semi-detached house, terrace house, including linked-house or townhouse.

  1. What is a Foreign person?

Entities or persons who are not:

  • Singapore Citizen
  • Singapore Company (with 100% Directors and Shareholders who are Singapore Citizen)
  • Singapore society
  • Singapore LLP (with 100% Directors and Shareholders who are Singapore Citizen)
  1. As a Foreign person, how may I still own Private Properties?

You will need to apply to Land Dealings Approval Unit under SLA for approval. You can speak to our recommended licensed agent for advisory.

  1. What are some general criteria for approvals?
  • Good professional standing and qualifications
  • Expertise needed by Singapore
  • Investments in the industry or service needed by Singapore.

Note that such properties are only for personal residential use and not for rental, and sale is not allowed within 3 years of purchase. One family can only own one Private property.

Updated on 3 Aug 2017. Contact your property agent for a detailed consultation.