Condo for Sale in Singapore

For a private condo, the minimum down payment is 25% of the purchase price (5% cash + 20% CPF OA/cash) if using a bank loan. Buyers with an existing home loan may need to pay a higher cash portion.

Foreigners are allowed to buy condominiums in Singapore without restrictions, provided the property is not classified as landed housing. However, foreign buyers are generally subject to a 60% Additional Buyer’s Stamp Duty (ABSD), while Permanent Residents (PRs) enjoy lower rates.

Additional costs can include Buyer’s Stamp Duty (BSD), ABSD (if applicable), legal fees, valuation fees, and mortgage-related charges. Ongoing expenses such as maintenance fees, property tax, and home insurance should also be factored into your budget.