What are the useful Information needed about buying and selling Flats and Landed Property in Singapore?

Since, Singapore is a small country, the land is scarce and costly. Hence, housing comprises mainly of condominiums. Landed properties, apartments are the primary property types. Foreigners should understand this clearly as there are ownership restrictions in purchasing such condominiums like The Terrace.

what are the useful information needed about buying and selling flats and landed property in singapore

The Terrace

The Terrace were constructed with the objective of taking care of the lodging issue in the nation so that the low-income groups will be profited. Today, these condominiums are looked for after, on the grounds that they are reasonable. They are self-sufficient communities and all vital amenities are given. There are studio and executive sort of apartments.

Regulations for Property Ownership

Ownership for landed property in Singapore by foreigners is not allowed according to the 1973 Residential Property Act.’ However, foreigners can make an application to the government and get approval for the buy. By an amendment of the RPA in 2005, foreigners can buy condominiums below 6 stories without prior permission. On the other hand, for vacant land, cabins, terraced and semi-disconnected houses, prior consent is needed. Thus, it is great that outsiders get legitimate direction before purchasing any property. As per the Act, the property alludes to a building proposed for any utilization with the exception of as residence.

Just took the ribbon off new Condos

An executive condominium in Singapore is likewise a public lodging apartment; however these are fabricated for youthful experts who don’t have the assets to buy private property yet have the fortitude to purchase a level better. The guidelines for buying this sort of condo are the same if the EC level is more than 10 years, the owner can offer it to any nonnative. Besides, there is a salary breaking point to meet all requirements for buying an executive condominium; your income should not be more than 12,000SGD a month. Interested in purchasing another condo like The Terrace. Provided that this is true, contact a reliable property specialists who will have the capacity to work out all the conventions and find another condo within your budget.

Some Special features of city gate in Singapore

City Gate is the latest offering made by the fragrance group. The entire complex is about 30 stores in size. The condo unit of the complex will consist of 311 units. The mall of the complex will have approximately 188 retail units. This is one of the best examples of mixed development in complex in the recent times.

some special features of city gate in singapore


There are some features of City Gate which makes it especially favorite to the people. It is the luxury quotient of the complex which makes it especially attractive to the different groups of people. The luxurious finishes include the following:

  • In the interiors of the building, natural marble has been used for the flooring of the living rooms, dining rooms as well as kitchen.
  • The bedrooms have an even expensive offering in the form of timber flooring.
  • The brand of kitchen appliances which have been provided with is of real good quality.
  • The fittings of the household as well as other different wares are of great quality too.
  • The cooker in the kitchen has hood as well as hob. The ovens have microwave feature. The washer is also a dryer, a built in sink and mixer is also present.

Special features

  • A set of furniture is provided for the 1 and 22 bedrooms.
  • The ceiling height is maintained at 3.31 meters for all the furniture decks.
  • The parking space available for the residents is ample in nature. Also one to one provisions for parking the car is available all the different residential units.
  • The frontage provided for your residence is 250 m wide and provides with an excellent view.
  • As mentioned earlier, the ceiling height of 3 meters with a glass fa├žade allows the people who are commercially utilizing the complex to showcase their visually attractive merchandise.

Hence you can clearly see the reason behind City Gate has emerged as the leading mixed development complex of the area.