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What do China people need to buy a house in Singapore?

Confirm purchasing qualification

Singapore is a rich island country with a large population and a small population. Foreigners can only buy apartments, but not state-owned houses and government ancestral houses on the main island of Singapore. Only the top rich can buy a land-based seascape villa in Sentosa Bay, a wealthy area on Sentosa Island.

Purchase budget

The average price of real estate in Singapore ranges from 60,000 yuan to 6,543,800 yuan per square meter. The starting price of ordinary apartments in Singapore's mass market is about S $6,543,800 for a two-bedroom apartment and S $6,543,800 for a three-bedroom apartment.

In addition to the money paid to the developer, foreign customers need to prepare legal fees and government stamp duty to buy a house.

Attorney's fees: generally ranging from 2,500 to 3,500 Singapore dollars.

Stamp duty:? If you have a Singapore green card, the stamp duty for purchasing the first house is 9% of the total house price? Negative15400; For foreigners, the government stamp duty on the purchase of real estate is 24% of the total house price minus 5400.

bank loan

The loan interest rate in Singapore is low, with an average annual interest rate of about 2.4%. If the customer has a stable income certificate or capital certificate, the bank can lend money to foreign customers, up to 60% to 70% of the total house price.