What is non-restricted residential property under the Residential Property Act – Office for sale in Singapore

What is non-restricted residential property under the Residential Property Act – Office for sale in Singapore

A foreign person is not restricted from acquiring: office for sale in Singapore

  • Any apartment within a building; any unit in an approved condominium development under the Planning Act; and

Note: A foreign person is not allowed to acquire all the apartments within a building or all the units in an approved condominium development without the prior approval of the Minister for Law.

  • A leasehold estate in restricted residential property for a term not exceeding 7 years, including any further term which may be granted by way of an option for renewal.

The following properties are not under the purview of the Residential Property Act. Intended purchasers of these properties are advised to enquire directly with the Housing and Development Board (HDB) regarding their eligibility:

  • An HDB flat purchased directly from HDB;
  • A resale HDB flat where HDB has consented to the sale;
  • An HDB shophouse; and
  • An Executive Condominium purchased under the Executive Condominium Housing Scheme

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