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This text discusses among the points regarding a foreigner's acquisition of residential property in Singapore. For Singapore residents, there are not any restrictions imposed in acquiring landed residential property. Nevertheless, for those aside from Singapore citizens, certain restrictions apply and approval is required from the authorities.
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Earlier than you decide to buy a House or Flat you must guarantee that you have sufficientfunds available to complete the purchase. In case you are financing your purchase withyour CPF funds and/or a Mortgage it's best to contact the CPF Board and the Lender financial institution/financecompany in advance to signal all related software forms and furnish all relevantinformation and paperwork to make sure that the CPF funds and/or Mortgage would be approvedand the funds shall be out there. Along with the purchase worth you will haveto make provision for the stamp fees and Lawyer's fees. Residential Property Act.
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