Buying a Private Property in Singapore are Tedious. There are lots of factors need to be taken into Consideration. Base On Singapore Government Regulation .Different Stamp Duty Amount are impose base on the Citizenship of the Buyer. As For PR and Foreigners an Additional Buyer Stamp Duty Fees will be imposed . For Buyer Regardless of Citizen Ship which categorized under Second Property Owner ship ABSD will be Impose As Well.
Beside Hefty Stamp Duty , that Property Buyer need to Pay . There are also Additional charges that you need to pay in Cash such as Legal Fees/ Administration Fees / Documentation Fees etc. The Amount of Loan the Buyers are able to borrow are also regulated base on Standards in place such as TDSR / LTV / MSR . In Addition the Length of Loan Tenor to pay back the Mortgage are determine by the Buyers age and combine income , the higher your age , the Loan Tenor Length will be shorter
This Singapore Private Property Affordability Calculator will save you headache by estimating the Amount of Private Property Price you are able to Afford