Under the Condominium Act 1979, which concerns freehold ownership, foreigners are permitted to own 49% of the total number of units in a building registered as a condominium. The buyer must request a letter confirming the foreign proportion from the condominium juristic person, which must be submitted to the Department of Lands for transfer of ownership. The procedure for requesting ownership of a condominium unit is as follows:
Step 1
After obtaining the necessary evidence documents, contact a public relations officer to check the documents and receive a queue card, in order of first-come-first-served.
Step 2
Submit a request/ investigation/ make a request and contract or memorandum/payment.
Step 3
The registered land officer gives the condominium title deed and the contract to the applicant.
Source : Real Estate Information Center (REIC)
Tel : +66 2 202 1768
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