Singapore is a small nation with a lot of inhabitants, and there is a need for this community to house and have entertainment facilities. This has contributed to higher prices and a strain on the resources available to this country.

If you are a Singapore-based resident, you may be aware of the various types of property you may buy and you may own and invest in buying someone new to the system and have no knowledge of Singapore property, then you may need to read this article to find out more about Singapore property.

There are three main forms of property in Singapore, and there are some that only local people can own, and there are some that aliens can purchase and own, and there are other things like taxes that you would want to think about, because that would mean you have to pay a lot of money to own this property in Singapore.

1. HDB or Housing Development Board Flats HDB are subsidised apartments that house 80 per cent of Singaporeans and are the most common type of property and also the cheapest, this property can only be owned by Singaporeans and permanent residents and there is no way that foreigners can own it. Let the Singaporeans have a roof over their heads.

2. Condominiums These are the most common investment properties that foreigners may purchase for investment or investment purposes. These are very good types of investment properties, since they are typically located in good places, and very few land developers can build on and expand.

3. Landed housing Landed housing is built on a piece of land and not large, so it shows their wealth, this is a very common type of housing for locals. Such types of property can not be rented to aliens, making it impossible to own such properties in Singapore.

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