Singapore is Asia’s financial hub, with many international companies and, as a result, many ex-pats. It’s a terrific spot for a foreigner to settle because it’s a developed, global metropolis with a mixed, tolerant, and active community – and all the amenities you could need. If you’re considering relocating to Singapore to live, work, establish a business, or retire, you should be aware of the anticipated cost of living. The location of your new house is critical, as expenses vary dramatically between districts and developments, depending on the level of luxury you desire. If you wish to settle in Singapore, make a reservation at Canninghill Piers right away.
The Housing and Development Board (HDB) oversees the public housing market, subject to specific regulations. It is critical to note that Both Singapore PRs and non-Singapore PRs get barred from purchasing new HDB flats, such as Build-to-Order (BTO) and Sale of Balance Flats (SBFs).
Unlike public housing, private residences have fewer restrictions and are more appealing to you when purchasing. They also have good fixtures and designs and are closer to the Central Business District (CBD). If you buy a private condominium, you will have access to amenities, swimming pools, gyms, saunas, and other amenities. On the other hand, they are more expensive than public housing. Canninghill Piers have 1-to-5-bedroom apartments, as well as Sky Suites and Super Penthouses, so make a reservation today.
The following are some of the most common types of property that foreigners can buy:
- A condominium or apartment unit
- A permitted condominium complex with a strata landed house.
- A leasehold estate in a landed residential property for a length of not more than seven years, plus any additional term granted as a result of an option for renewal.