As property is a highly valued asset comprising about 40% of an average Singaporean’s asset, unparalleled expertise and knowledge to every transaction is integral. With over 22 years under our belt, we do just that. We represent private clients, companies, developers, property investors, trusts and family offices. Our clients also include major banks and financial institutions such as:
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Property ownership in Singapore is governed by the Land Titles Act and the Land Titles (Strata) Act, which establish the Torrens system of land registration.
There are three main types: Freehold, Leasehold, and Strata Title. Freehold grants indefinite ownership, Leasehold has a fixed lease term, and Strata Title applies to condominiums and apartments.
Foreigners can generally purchase condominiums and apartments but may require approval for other types of properties. They are also subject to Additional Buyer’s Stamp Duty (ABSD).
Property disputes can be resolved through negotiation, mediation, arbitration or litigation in the Singapore courts, such as the State Courts or the High Court.
The Building Control Act and various planning regulations govern property development and construction in Singapore, ensuring safety and compliance with zoning laws.
The Residential Tenancies Act governs rental agreements. It covers issues like security deposits, rent increases, and termination of tenancies.
Leases can be renewed through negotiation between the landlord and tenant, typically with the option to renew stated in the original lease agreement.
The key steps include due diligence, drafting and negotiating the sale and purchase agreement, conducting searches, obtaining approvals, and completing the transfer at the Land Titles Registry.
Property transfer tax, known as the Buyer’s Stamp Duty (BSD), is calculated based on the purchase price and ranges from 1% to 4%. For more details/ information, you may refer to (IRAS link).
Foreigners can generally purchase condominiums and apartments but may require approval for other types of properties. They are also subject to Additional Buyer’s Stamp Duty (ABSD).
Property disputes can be resolved through negotiation, mediation, arbitration or litigation in the Singapore courts, such as the State Courts or the High Court.