Own Your Dream Villa
in Singapore

ABSD is a tax levied by the Singapore government on top of the Buyer's Stamp Duty (BSD). As of 2026, foreigners purchasing any residential property incur a 60% ABSD. Singapore citizens buying a second property pay 20%, and third and subsequent properties pay 30%. Permanent residents buying a second property pay 35%.

Sentosa Cove villas are located on Sentosa Island, offering sea views and resort-style living, and are directly purchasable by foreigners. GCBs are the most prestigious housing category in Singapore, with only about 2,800 plots island-wide, located in designated GCB Areas with a minimum land area of 15,000 sq ft. Typically only Singapore citizens can purchase them, making them extremely scarce and collectible.

As of 2026, housing loan interest rates in Singapore are approximately between 3.5% and 4.5%, depending on the loan package (floating or fixed rate). Singapore interest rates are highly correlated with the US Federal Funds Rate. Foreigners can typically obtain loan-to-value ratios of 60% to 70%.

The process includes: 1) Select property and pay 1% option fee; 2) Sign the Option to Purchase (OTP); 3) Pay the remaining option fee (usually 4%-9%); 4) Engage lawyers and obtain loan approval; 5) Pay stamp duties (BSD + ABSD); 6) Complete the transaction. The entire process usually takes 10-14 weeks. Engaging a professional lawyer and property agent is highly recommended.

Key holding costs include: 1) Property tax (0%-32% of annual value for owner-occupied, 12%-36% for non-owner-occupied); 2) Maintenance fees (approx. S$500-S$2,000/month for landed homes); 3) Insurance; 4) Maintenance expenses. Overall, Singapore property tax rates are relatively low among developed countries, and there is no capital gains tax.