Yahoo Finance 10 things PRs can’t do when it comes to property ownership in Singapore
In a recent rental dispute case, a former PR was fined by SLA for renting out his house, even though he was not allowed to do so.
When it comes to residential property ownership in Singapore, certain properties are off-limits for PRs and foreigners. And even if they can buy one, they don’t enjoy the same treatment as Singaporeans.
In general, for non-Singaporeans, only PRs can buy HDB flats and restricted properties. (One exception is landed homes in Sentosa Cove; we’ll explain more on that later.)
HDB flats
HDB flats can only be bought by Singaporeans and PRs.
While foreigners aren’t allowed to buy one, they can become essential occupiers with a Singaporean family member to buy an HDB flat. For instance, this foreigner could be the Singapore citizen’s spouse, parent or child.
PR households (i.e. no Singaporeans in the household) can also buy HDB flats, but they’re limited to resale flats. And unlike Singaporeans, there are some things PR HDB flat owners can’t do.
1. Buy HDB flat right after getting PR
PRs cannot buy an HDB flat from the resale market right after getting their PR. They’ll have to wait three years for all the core applicants and essential occupiers to get a PR.
For instance, if the husband has been a PR for three years, but the wife has only recently attained PR status, the couple will have to wait three more years before they can buy an HDB resale flat.
(Note that they aren’t allowed to buy a Prime Location Public Housing (PLH) flat from the resale market.)
After that, similar to Singaporeans, PRs have to meet the five-year minimum occupation period (MOP) and physically occupy the resale flat.
2. Take an HDB loan
To qualify for an HDB loan, at least one of the applicants must be a Singapore citizen.
This means that SC/PR and SC/foreigner households may be eligible for an HDB loan.
On the other hand, PR households don’t have this additional option. So they can only apply for a bank loan to finance their HDB flat purchase.
3. Rent out the whole unit
Another thing to note is that PRs cannot rent out the whole HDB flat. Only Singaporeans are allowed to do so, after they complete the five-year MOP.
If they want to earn some rental income, one option is to rent out the room(s) in the flat. This option is also available for PRs.
Note the regulations regarding renting out bedrooms in an HDB flat. For instance, you can only rent out the room(s) if your flat is a 3-room or bigger. Plus, you aren’t allowed to rent out all the rooms in the flat.
Flat type | Max. number of bedrooms allowed to be rented out | Max. number of occupants* in each flat |
3-room | 1 | 6 |
4-room and bigger | 2 | 6 |
*The maximum number of occupants include the owners, essential occupiers and tenants.
You’ll also need to get HDB’s approval before the start of the tenancy.
HDB flats for sale
476A Upper Serangoon View
Singapore 531476 · D19
2
2
721 sqft
$500,000
19 Balam Road
Singapore 370019 · D13
2
1
649 sqft
$320,000
292A Bukit Batok East Avenue 6
Singapore 651292 · D23
1
1
505 sqft
$395,000
12 Marsiling Lane
Singapore 730012 · D25
2
1
700 sqft
$348,000
10 Jalan Kukoh
Singapore 162010 · D3
1
2
516 sqft
$338,000
438 Yishun Avenue 11
Singapore 760438 · D27
1
1
430 sqft
$330,000
573A Woodlands Drive 16
Singapore 731573 · D25
1
1
409 sqft
$328,000
445B Bukit Batok West Avenue 8
Singapore 652445 · D23
1
1
408 sqft
$320,000
463A Sembawang Drive
Singapore 751463 · D27
1
1
495 sqft
$330,000
3 Saint George's Road
Singapore 320003 · D12
2
2
635 sqft
$358,000
116A Jalan Tenteram
Singapore 321116 · D12
2
2
721 sqft
$550,000
4 Jalan Batu
Singapore 431004 · D15
2
1
646 sqft
$320,000
450D Bukit Batok West Avenue 6
Singapore 654450 · D23
1
1
505 sqft
$363,000
573A Woodlands Drive 16
Singapore 731573 · D25
1
1
506 sqft
$338,000
659C Punggol East
Singapore 823659 · D19
1
1
409 sqft
$338,000
313 Jurong East Street 32
Singapore 600313 · D22
2
2
796 sqft
$400,000
138 Tampines Street 11
Singapore 521138 · D18
2
2
1,012 sqft
$490,000
62 Circuit Road
Singapore 370062 · D13
1
2
484 sqft
$268,000
9 Jalan Kukoh
Singapore 160009 · D3
1
1
581 sqft
$290,000
127A Kim Tian Road
Singapore 161127 · D3
1
1
505 sqft
$448,000
366A Sembawang Crescent
Singapore 751366 · D27
1
1
516 sqft
$338,000
650 Ang Mo Kio Street 61
Singapore 560650 · D20
2
2
721 sqft
$570,000
992A Buangkok Link
Singapore 531992 · D19
1
1
506 sqft
$415,000
693C Woodlands Avenue 6
Singapore 733693 · D25
1
1
506 sqft
$368,000
366A Sembawang Crescent
Singapore 751366 · D27
1
1
516 sqft
$368,000
451A Bukit Batok West Avenue 6
Singapore 651451 · D23
2
1
506 sqft
$398,000
82 Whampoa Drive
Singapore 320082 · D12
2
1
710 sqft
$370,000
17 Lorong 7 Toa Payoh
Singapore 310017 · D12
2
1
721 sqft
$350,000
140B Corporation Drive
Singapore 612140 · D22
1
1
506 sqft
$350,000
693B Woodlands Avenue 6
Singapore 732693 · D25
1
1
506 sqft
$325,000
448B Bukit Batok West Avenue 9
Singapore 652448 · D23
1
1
506 sqft
$328,000
363B Sembawang Crescent
Singapore 752363 · D27
1
1
650 sqft
$349,000
363 Clementi Avenue 2
Singapore 120363 · D5
2
2
721 sqft
$440,000
450D Bukit Batok West Avenue 6
Singapore 654450 · D23
1
1
506 sqft
$350,000
659C Punggol East
Singapore 823659 · D19
1
1
409 sqft
$338,000
710 Bedok Reservoir Road
Singapore 470710 · D16
3
2
1,302 sqft
$630,000
587 Ang Mo Kio Avenue 3
Singapore 560587 · D20
2
2
722 sqft
$438,000
66 Lorong 4 Toa Payoh
Singapore 310066 · D12
3
1
688 sqft
$420,000
123 Hougang Avenue 1
Singapore 530123 · D19
2
2
721 sqft
$378,000
122 Bukit Batok Central
Singapore 650122 · D23
3
3
1,615 sqft
$880,000
119 Ang Mo Kio Avenue 3
Singapore 560119 · D20
2
2
721 sqft
$389,000
134 Potong Pasir Avenue 3
Singapore 350134 · D13
2
2
796 sqft
$499,000
32 Ghim Moh Link
Singapore 271032 · D10
2
2
732 sqft
$738,000
479A Yishun Street 42
Singapore 761479 · D27
2
2
721 sqft
$460,000
8 Telok Blangah Crescent
Singapore 090008 · D4
2
1
775 sqft
$388,000
224A Sumang Lane
Singapore 821224 · D19
2
2
732 sqft
$483,000
95B Henderson Road
Singapore 152095 · D3
2
2
732 sqft
$768,000
520B Tampines Central 8
Singapore 522520 · D18
3
2
1,163 sqft
$899,888
808 Woodlands Street 81
Singapore 730808 · D25
2
2
786 sqft
$450,000
335A Anchorvale Crescent
Singapore 541335 · D19
3
2
1,195 sqft
$790,000
537 Ang Mo Kio Avenue 5
Singapore 560537 · D20
3
2
990 sqft
$518,000
333 Ang Mo Kio Avenue 1
Singapore 560333 · D20
2
2
731 sqft
$409,000
504 Bukit Batok Street 52
Singapore 650504 · D23
2
1
679 sqft
$370,000
644 Hougang Avenue 8
Singapore 530644 · D19
2
1
742 sqft
$418,000
185B Woodlands Street 13
Singapore 732185 · D25
2
2
732 sqft
$458,000
232 Ang Mo Kio Avenue 3
Singapore 560232 · D20
2
2
731 sqft
$390,000
230 Pending Road
Singapore 670230 · D23
3
2
1,109 sqft
$499,888
288A Bukit Batok Street 25
Singapore 650288 · D23
3
2
1,550 sqft
$958,000
461A Bukit Batok West Avenue 8
Singapore 651461 · D23
3
2
1,001 sqft
$678,000
442A Bukit Batok West Avenue 8
Singapore 651442 · D23
3
2
1,205 sqft
$760,000
33 Ghim Moh Link
Singapore 270033 · D10
2
2
732 sqft
$728,000
642 Hougang Avenue 8
Singapore 530642 · D19
2
1
646 sqft
$388,000
90B Telok Blangah Street 31
Singapore 102090 · D4
3
2
1,001 sqft
$1,030,000
296A Bukit Batok Street 22
Singapore 651296 · D23
3
2
1,022 sqft
$780,000
463 Ang Mo Kio Avenue 10
Singapore 560463 · D20
2
2
732 sqft
$362,000
292B Bukit Batok East Avenue 6
Singapore 652292 · D23
3
2
1,216 sqft
$848,000
93B Telok Blangah Street 31
Singapore 102093 · D4
3
3
1,001 sqft
$899,000
268 Bishan Street 24
Singapore 570268 · D20
3
2
1,119 sqft
$750,000
961 Hougang Avenue 9
Singapore 530961 · D19
3
2
1,474 sqft
$750,000
588D Ang Mo Kio Street 52
Singapore 564588 · D20
3
2
980 sqft
$920,000
517C Jurong West Street 52
Singapore 643517 · D22
3
2
1,022 sqft
$700,000
222A Sumang Lane
Singapore 821222 · D19
3
2
1,001 sqft
$610,000
512 Bukit Batok Street 52
Singapore 650512 · D23
4
3
1,571 sqft
$838,000
119 Bishan Street 12
Singapore 570119 · D20
4
3
1,550 sqft
$1,290,000
227 Lorong 8 Toa Payoh
Singapore 310227 · D12
3
1
882 sqft
$450,000
782D Woodlands Crescent
Singapore 734782 · D25
3
2
990 sqft
$510,000
622A Punggol Central
Singapore 821622 · D19
3
2
1,011 sqft
$680,000
808A Chai Chee Road
Singapore 461808 · D16
3
2
1,001 sqft
$765,000
927 Hougang Street 91
Singapore 530927 · D19
3
2
1,087 sqft
$599,999
786B Woodlands Drive 60
Singapore 732786 · D25
3
3
980 sqft
$530,000
450C Bukit Batok West Avenue 6
Singapore 653450 · D23
3
2
1,001 sqft
$668,000
977 Jurong West Street 93
Singapore 640977 · D22
3
2
1,119 sqft
$499,999
440B Bukit Batok West Avenue 8
Singapore 652440 · D23
3
2
990 sqft
$650,000
292B Bukit Batok East Avenue 6
Singapore 652292 · D23
3
2
1,001 sqft
$650,000
450B Bukit Batok West Avenue 6
Singapore 652450 · D23
3
2
1,001 sqft
$699,000
212C Compassvale Drive
Singapore 543212 · D19
3
2
1,022 sqft
$599,999
163 Bukit Batok Street 11
Singapore 650163 · D23
3
2
1,130 sqft
$578,000
756 Woodlands Avenue 4
Singapore 730756 · D25
3
2
1,098 sqft
$480,000
557 Choa Chu Kang North 6
Singapore 680557 · D23
4
2
1,572 sqft
$799,000
338C Anchorvale Crescent
Singapore 543338 · D19
3
2
1,000 sqft
$560,000
104D Canberra Street
Singapore 754104 · D27
3
2
1,001 sqft
$580,000
440D Bukit Batok West Avenue 8
Singapore 654440 · D23
3
2
990 sqft
$599,000
40A Margaret Drive
Singapore 141040 · D3
3
2
947 sqft
$1,100,000
30 Cassia Crescent
Singapore 391030 · D14
3
2
1,108 sqft
$888,888
512B Yishun Street 51
Singapore 762512 · D27
3
2
1,001 sqft
$570,000
561B Jurong West Street 42
Singapore 642561 · D22
3
2
1,001 sqft
$665,000
412 Choa Chu Kang Avenue 3
Singapore 680412 · D23
3
2
1,119 sqft
$538,000
260 Bukit Batok East Avenue 4
Singapore 650260 · D23
3
2
1,108 sqft
$480,000
210B Compassvale Lane
Singapore 542210 · D19
3
3
1,001 sqft
$600,000
168A Queensway
Singapore 140168 · D3
3
1
904 sqft
$499,000
109A Depot Road
Singapore 101109 · D4
3
2
969 sqft
$720,000
869A Tampines Avenue 8
Singapore 521869 · D18
3
2
990 sqft
$688,888
226 Serangoon Avenue 4
Singapore 550226 · D19
3
2
1,130 sqft
$630,000
381 Clementi Avenue 5
Singapore 120381 · D5
3
2
990 sqft
$620,000
216B Compassvale Drive
Singapore 542216 · D19
3
2
1,022 sqft
$789,000
946 Jurong West Street 91
Singapore 640946 · D22
3
2
1,323 sqft
$550,000
687C Woodlands Drive 75
Singapore 733687 · D25
3
2
1,227 sqft
$548,888
658B Jurong West Street 65
Singapore 642658 · D22
3
2
1,194 sqft
$595,000
610 Woodlands Avenue 4
Singapore 730610 · D25
4
2
1,313 sqft
$600,000
322 Jurong East Street 31
Singapore 600322 · D22
3
2
121 sqft
$618,000
138C Yuan Ching Road
Singapore 613138 · D22
3
2
1,163 sqft
$799,000
709 Tampines Street 71
Singapore 520709 · D18
3
2
1,291 sqft
$789,000
11 Joo Seng Road
Singapore 360011 · D13
3
2
1,323 sqft
$699,994
688D Woodlands Drive 75
Singapore 734688 · D25
3
2
1,184 sqft
$558,000
673B Yishun Avenue 4
Singapore 762673 · D27
3
2
1,216 sqft
$700,000
291C Bukit Batok Street 24
Singapore 652291 · D23
3
2
1,302 sqft
$778,000
694A Woodlands Drive 62
Singapore 731694 · D25
2
2
1,216 sqft
$645,000
997B Buangkok Crescent
Singapore 532997 · D19
3
2
1,216 sqft
$690,000
310 Serangoon Avenue 2
Singapore 550310 · D19
3
2
1,302 sqft
$800,000
111 Jurong East Street 13
Singapore 600111 · D22
3
2
1,291 sqft
$628,000
256 Tampines Street 21
Singapore 522256 · D18
3
2
1,302 sqft
$668,000
805A Keat Hong Close
Singapore 681805 · D23
3
2
1,216 sqft
$688,888
116B Rivervale Drive
Singapore 542116 · D19
3
2
1,238 sqft
$565,000
683B Choa Chu Kang Crescent
Singapore 682683 · D23
3
2
1,184 sqft
$580,000
5 Holland Close
Singapore 272005 · D10
4
2
1,335 sqft
$1,200,000
549A Segar Road
Singapore 671549 · D23
4
2
1,216 sqft
$730,000
234B Sumang Lane
Singapore 822234 · D19
3
2
1,216 sqft
$718,000
120C Canberra Crescent
Singapore 753120 · D27
3
2
1,216 sqft
$730,000
256 Tampines Street 21
Singapore 522256 · D18
3
2
1,301 sqft
$625,000
181 Jelebu Road
Singapore 670181 · D23
3
2
1,195 sqft
$890,000
682B Jurong West Central 1
Singapore 642682 · D22
3
2
1,238 sqft
$638,000
881 Woodlands Street 82
Singapore 730881 · D25
4
2
1,345 sqft
$670,000
134 Edgedale Plains
Singapore 820134 · D19
3
2
1,194 sqft
$638,000
688B Choa Chu Kang Drive
Singapore 682688 · D23
3
2
1,184 sqft
$550,000
32 Bedok South Avenue 2
Singapore 460032 · D16
3
2
1,323 sqft
$730,000
650A Jurong West Street 61
Singapore 641650 · D22
3
2
1,183 sqft
$650,000
77 Marine Drive
Singapore 440077 · D15
3
2
1,291 sqft
$878,000
351A Canberra Road
Singapore 751351 · D27
3
2
1,184 sqft
$580,000
882 Woodlands Street 82
Singapore 730882 · D25
3
2
1,301 sqft
$600,000
978D Buangkok Crescent
Singapore 536978 · D19
3
2
1,184 sqft
$548,000
740 Tampines Street 72
Singapore 520740 · D18
4
2
1,517 sqft
$840,000
418 Serangoon Central
Singapore 550418 · D19
4
3
1,572 sqft
$1,150,000
622 Hougang Avenue 8
Singapore 530622 · D19
3
3
1,593 sqft
$850,000
847 Woodlands Street 82
Singapore 730847 · D25
6
2
1,926 sqft
$990,000
145 Bedok Reservoir Road
Singapore 470145 · D16
4
3
1,539 sqft
$950,000
664 Yishun Avenue 4
Singapore 760664 · D27
5
3
1,808 sqft
$968,000
615 Hougang Avenue 8
Singapore 530615 · D19
4
3
1,582 sqft
$860,000
611 Yishun Street 61
Singapore 760611 · D27
4
3
1,571 sqft
$860,000
129 Pending Road
Singapore 670129 · D23
4
2
1,576 sqft
$850,000
606 Yishun Street 61
Singapore 760606 · D27
3
2
1,528 sqft
$830,000
131 Geylang East Avenue 1
Singapore 380131 · D14
4
3
1,571 sqft
$920,000
221 Bukit Batok East Avenue 3
Singapore 650221 · D23
3
3
1,603 sqft
$870,000
849 Woodlands Street 82
Singapore 730849 · D25
6
2
1,926 sqft
$1,050,000
495B Tampines Street 43
Singapore 521495 · D18
4
2
1,593 sqft
$930,000
523 Choa Chu Kang Street 51
Singapore 680523 · D23
4
2
1,636 sqft
$820,000
452 Sin Ming Avenue
Singapore 570452 · D20
4
4
1,571 sqft
$1,250,000
387 Yishun Ring Road
Singapore 760387 · D27
4
2
1,528 sqft
$870,000
669A Jurong West Street 64
Singapore 641669 · D22
3
2
1,399 sqft
$699,000
842 Sims Avenue
Singapore 400842 · D14
3
3
1,603 sqft
$1,100,000
120 Teck Whye Lane
Singapore 680120 · D23
3
3
1,657 sqft
$880,000
143 Rivervale Drive
Singapore 540143 · D19
4
2
1,453 sqft
$780,000
181 Edgefield Plains
Singapore 820181 · D19
2
2
1,378 sqft
$818,888
237 Pasir Ris Street 21
Singapore 510237 · D18
4
2
1,571 sqft
$839,000
830A Jurong West Street 81
Singapore 641830 · D22
4
2
1,561 sqft
$720,000
711 Pasir Ris Street 72
Singapore 510711 · D18
3
2
1,572 sqft
$880,000
176 Woodlands Street 13
Singapore 730176 · D25
5
2
1,959 sqft
$920,000
588B Montreal Drive
Singapore 752588 · D27
4
2
1,345 sqft
$720,000
120B Rivervale Drive
Singapore 542120 · D19
4
2
1,528 sqft
$860,000
606 Yishun Street 61
Singapore 760606 · D27
3
2
1,582 sqft
$828,000
356 Woodlands Avenue 5
Singapore 730356 · D25
4
2
1,506 sqft
$980,000
148 Tampines Avenue 5
Singapore 521148 · D18
4
2
1,528 sqft
$940,000
558 Hougang Street 51
Singapore 530558 · D19
4
3
1,593 sqft
$1,150,000
114 Bedok Reservoir Road
Singapore 470114 · D16
3
3
1,614 sqft
$888,000
681 Choa Chu Kang Crescent
Singapore 680681 · D23
4
2
1,550 sqft
$650,000
299A Compassvale Street
Singapore 541299 · D19
4
2
1,442 sqft
$838,000
4. Receive subsidy for upgrading
On top of that, PR households also have to pay upgrading costs in full. Unlike Singaporeans (who only pay a fraction of the cost), they receive no subsidy on the following upgrading programmes:
They can choose to pay them in full or in monthly instalments (subject to interest rate).
But if one of the PR flat owners gets Singapore citizenship, they can apply for reimbursement for it. One of the conditions is that they attain the citizenship within a year of getting billed for the upgrading cost.
Find out more about it from HDB’s website.
5. Keep HDB flat after buying private property
As mentioned earlier, PRs also need to meet the MOP requirements. This includes waiting for five years before buying a private property.
But if they decide to buy private property in future, whether in Singapore or overseas, they won’t be able to own an HDB flat and a private property at the same time.
They must sell the flat within six months of buying the private property.
6. Keep HDB flat after losing PR status
If you lose your PR status (for instance, you can’t renew your Re-Entry Permit), you must sell the HDB flat.
In the same vein, those who lose their Singapore citizenship are required to dispose of their flat.
Restricted properties
Another category of residential properties that PRs and foreigners don’t enjoy the same treatment as Singaporeans is restricted properties.
Unlike Singaporeans, non-SCs must get permission from the Singapore Land Authority (SLA) under the Residential Property Act to buy these restricted properties.
More specifically, only PRs of at least five years, and are assessed to have made “exceptional economic contribution to Singapore” may be approved to own a restricted property. Some factors for assessment include their employment income assessable for tax here.
(PRs are considered to be foreign persons under the Act.)
The following are considered restricted properties:
Vacant residential land
Strata landed house which is not within an approved condominium development under the Planning Act (eg. townhouse or cluster house)
Shophouse (for non-commercial purpose)
Association premises
Place of worship
Worker’s dormitory /serviced apartments/ boarding house (not registered under the provisions of the Hotels Act)
This means that PRs may apply for approval to buy a landed house. Foreigners are generally not allowed to own landed homes here, apart from those in Sentosa Cove, which they’ll also need to apply for approval.
On top of the approval requirement, these eligible PRs and foreigners are also not allowed to do the following things.
1. Rent out restricted properties
Perhaps one of the less-commonly known conditions to most people is that for these PRs and foreigners, they’re only allowed to buy such a property for their owner-occupation for themselves and their family.
For instance, if they buy a landed house, they won’t be able to rent it out or use it for other purposes other than owner-occupation.
In fact, this is one of the conditions for approval to buy a restricted property.
2. Sell restricted property within 5 years
Like HDB flat owners, PR owners of restricted properties are also not allowed to sell the house or dispose of their interest within five years.
So even if they’re willing to pay the Seller’s Stamp Duty (payable if a residential property is sold within three years), they won’t be allowed to sell the house.
If the house is currently under construction, the five-year wait-out period will be from the Temporary Occupation Permit (TOP) or Certificate of Statutory Completion (CSC) date, whichever comes first.
The only exception to this rule is for those buying landed homes at Sentosa Cove.
Landed homes for sale in Sentosa Cove
Sentosa Cove
Treasure Island · D4
6
7
8,385 sqft
$23,800,000
Ocean Drive
Ocean Dr · D4
5
6
7,413 sqft
$27,500,000
Kasara
Ocean Dr · D4
6
5
0 sqft
$21,000,000
Ocean Drive
Ocean Dr · D4
4
5
7,709 sqft
$25,000,000
Sentosa Cove
Treasure Island · D4
7
7
9,360 sqft
$25,500,000
Pearl Island
Pearl Island · D4
5
6
6,555 sqft
$14,100,000
Ocean Drive
Ocean Dr · D4
6
7
6,000 sqft
$24,888,888
Pearl Island
Pearl Island · D4
4
5
7,356 sqft
$16,000,000
Sentosa Cove
Treasure Island · D4
5
6
9,360 sqft
$25,550,000
Sentosa Cove
Treasure Island · D4
5
6
9,360 sqft
$25,550,000
3. Keep restricted property after losing PR status or giving up Singapore citizenship
If you lose your PR status (eg. cannot renew REP) or give up your Singapore citizenship, you’ll need to sell the restricted property within two years of losing the PR/ SC status.
Otherwise, you can be fined up to S$20,000 or a jail term of up to three years.
In the rental dispute case mentioned at start of the article, the former PR was fined by SLA for renting his landed house as he was not allowed to do so. He also had not sold the house despite having lost his PR status.
Meanwhile, his tenant owed him rental payments. The tenant had found out from an SLA letter that his landlord had ceased to be a PR and had not sold the property within two years as required by law.
SLA had also asked for an explanation and warned the owner not to use the house for rental or any other purposes.
Six months later, SLA fined the owner S$67,900 for unapproved rentals between August 2011 and October 2018. This was followed by another fine of S$5,362 for unapproved rentals from October 2018 to October 2019.
4. Inherit a restricted property without approval
If a PR inherits a restricted property like a landed house, they’ll have to apply to SLA for approval first. This beneficiary will be assessed based on the same criteria as a PR buying a restricted property.
With that, they will also need to be
a PR for at least five years, and
are assessed to have made exceptional economic contribution to Singapore
Otherwise, the deceased owner’s estate representative must sell the house within five years of their death.
Planning to sell your house soon? Let us help you get the right price by connecting you with a property agent.
If you found this article helpful, 99.co recommends FAQs: “Can I BTO during MOP?” – Commonly asked questions about buying HDB flat eligibility and Singapore ranks No. 1 in the world for highest stamp duty rates on foreigners buying homes.
The post 10 things PRs can’t do when it comes to property ownership in Singapore appeared first on .
