Buying a Condo in Singapore

Let us help you find your dream property. ZERO commission payable.

Why engage us when buying your condo?

Real Estate Professionals

Here at Condosales.sg, we provide the utmost service for all our clients. When it comes the time to buy, you can be assured that we will guide you step-by-step to find a property that will best suit your needs.

We are also committed to providing the best customer service possible, to ensure that all your queries and concerns are being addressed every step of the way.

Finding you the right property

Through professional experience, the latest technology and analytics, we are able to utilise knowledge, information and specialised apps to assist you in finding your dream home.

As we analyse all aspects of multiple properties daily, we are very familiar with the process of matching our clients with their ideal property.

Bespoke services and support

As you engage our services, we want to ensure that you have a pleasant experience with us. Purchasing a property is very personal and we recognise that every buyer is unique.

As such, we work to tailor our service to cater to each individual instead of a one-size-fits-all approach. Rest assured, whenever you have a query or need any advice, we will respond as promptly as we can, even after your purchase.

5 steps to finding your next property

Learn more about our buyer agent service in 5 steps:

Financials and budget

We are committed to providing you with a smooth, hassle-free process as you look for your next property. We like to start with open discussions to determine your budget and objectives, so we can organise the parameters of our search. We take into consideration factors such as your income, personal savings, existing debts, etc. From the information collected, we then identify projects that are within your budget and suit your needs.

Understanding your property requirements

As you provide us with your preferences on the type of property you are looking for, we will curate and shortlist ideal choices for your selection. You avoid the tedious process of scouring through the listings to find a property that suits you. We take the stress away and bring you only homes that fit your criteria.

Property search and shortlist

Once we have shortlisted the properties, we will do in-depth research and analysis of the projects such as location, past transactions, potential upsides, just to name a few. We will then present our findings to you.

Schedule property viewings

Next, we will schedule and visit the shortlisted properties with you. Throughout your entire experience, we will ensure that you work with a dedicated professional agent who can answer any questions you have, and make the entire process clear and transparent.

Negotiations and paperwork

After deciding on the property which best suits your needs, we will begin negotiations. Based on their years of experience and industry knowledge, our experienced agents will secure the best price for you. When an agreement has been reached, we will settle the relevant paperwork while liaising with our trusted banking partners and law firms. We will keep you updated throughout the entire process, and all you have to do is wait for your key collection!

Schedule a free, non-obligatory consultation now!

Share with us your home requirements or any questions you have.

Frequently Asked Questions (FAQ)

Do I have to pay commission if I'm buying a property?

There is no commission payable on your part if you engage us to represent you in your private property purchase. If you are intending to purchase a resale HDB, our fees are 1% excluding GST.

Can foreigners buy property in Singapore?

The short answer is yes, but there are certain restrictions in place, depending on the type of property. There are also additional taxes that foreigners must pay, known as Additional Buyer’s Stamp Duty (ABSD). Do note that this is on top of the Buyer’s Stamp Duty, which is payable by anyone buying a property in Singapore. As a general rule, foreigners are not allowed to buy landed properties in Singapore, with the exception of landed properties located at Sentosa Cove. Foreigners are allowed to buy most condominums and apartments. Do check with us directly to assess your eligibility and situation.

How much money do I need to afford a private property?

These can be divided into 3 parts; the downpayment, loan, as well as relevant taxes and fees. A downpayment of 25% is required, of which 5% must be cash, and the remaining 20% cash and/or CPF. You can take a maximum loan of 75% based on the current Loan-To-Value (LTV) limits, subject to Total Debt Servicing Ratio (TDSR). Buyer’s Stamp Duty (BSD) applies to anyone buying a property in Singapore, and this differs depending on the price of the property. Other fees to look out for are legal conveyancing fees (est $2,500) as well as valuation fees (est $500).

Here’s a breakdown of the numbers, assuming this is a one million dollar purchase.
25% downpayment
– $50,000 Cash
– $200,000 Cash / CPF
75% loan
– $750,000 bank loan
Taxes and fees
– $24,600 (BSD)
– $2,500 (Legal fee)

– $500 (Valuation fee)

Total cash and CPF needed: $277,600

Once the housing loan is disbursed by the bank, the monthly mortgage will start. Assuming a 75% loan over a 30 year tenure at 2% interest, the monthly mortgage works out to be $2,772.

Why should you engage us?

After understanding your requirements, budget and timeframe, we will shortlist suitable properties and coordinate the viewings. We will then provide you with a pricing review and analysis, while connecting you with our trusted bankers to assist with your housing loan and valuation.

Finally, we will handle the paperwork together with our dependable legal partners. We will keep you updated throughout the entire process. All you have to do is wait for your key collection! Leave the home-work to us!