So you have found a good property outside of Singapore and you are interested in buying one. But you’ve been asking just what must Singaporeans do when buying a foreign property? It is just normal that you want to learn more things about your foreign investment before you put your money on it. Depending on which area you are planning to invest in you will surely be surprise of how easy it is to buy a property in some places. Properties in Cambodia or in UK are just one of the best examples where you need to start looking to put your money on.
The Gateway @ Cambodia is one of the best properties that you can easily buy from Cambodia. This is located at the heart of Phnom Penh. It offers a freehold tenure contract to its interested buyers and is expected to be finished by 2019. There will be 572 residential units and 299 office type units available when the project is completed.
Another great project to check out in Cambodia is The Peak @ Cambodia, which is another development project that offers a mixture of residential and commercial units. It is also located within Phnom Penh area and has a freehold tenure contract.
As for buying a property you just need to make sure that you can own the property even if you are not a citizen of that country. You can ask officials that are in charge in providing you with permit or you can also inquire with the developer of the project that you intend to invest on. You will surely enjoy a good discount if you can pay in cash so that you free yourself from paying possible interest rates if you plan on having it on mortgage. Make sure that you know all the details there is about the property and the project developer of the unit you want to invest on. If it’s possible that you seek legal help in insuring your safety before you pay your money on the project.
There are also a lot of new and launching projects just within Singapore that you might want to check out before heading to a different location to make your investments with. You may check on Thomson Impressions (recently launched development), the Alex Residences (New development in District 3) or the Liberte Condo (A Freehold development in District 10, just beside the MRT)