Type Of Housing In Singapore

Q: How to open a bank account in Singapore?

A: You can open a bank account in Singapore by presenting a photocopy of your passport, referral letter from your employer and your bank statement from the bank in your own country. There are a lot of Automated Teller Machines (ATMs) conveniently located in different places in Singapore to be able to purchase the things that you want without using cash rather by using the NETS system.

Q: Who are eligible to apply for an Employment Pass?

A: If you want to have an Employment Pass, you need to pass the criteria for eligibility in Singapore. Visit our Singapore Ministry of Manpower website or the Contact Singapore website to see the details about these criteria.

Q: What should I do if my spouse or child is moving to Singapore with me?

A: The holder of an Employment Pass can submit an application for Dependent Passes for their spouse, and single children below 21 years old.

Q: Who are required to apply for a Professional Visit Pass?

A: For those who are wishing to apply for a Professional Visit Pass, you can see the ICA Website to get the list of requirements.

Q: Which Singapore agency should I write to if I want to search for employment in Singapore if I am a professional/specialist?

A: You can check all the details provided at the Contact Singapore website, if you want to be employed in Singapore as a professional or you may also try to get in touch with the Contact Singapore Centers and check out the EDB website.

Q: What is Central Provident Fund (CPF)?

A: The Central Provident Fund is consume for the need of the population for housing, family protection, healthcare and investment. For further information, please proceed to the CPF website.

Q: Do foreigners need to contribute to the CPF?

A: Only those foreigners with permanent residence status are required to contribute to the CPF. You can visit the CPF website for more information.

Q: What type of housing is available In Singapore?

A: You can find small single-family bungalows, apartments, condominiums, and HDB flats.

Q: What exactly does HDB stand for?

A: The HDB is the Housing and Development Board. They oversee almost all of the residential developments in Singapore and are responsible for making certain that all of the building codes and rules are upheld by the builder/developer. They are not to be crossed when it comes to building projects and the rule of law.

Q: What are HDB flats?

A: HDB flats are similar to an apartment or condo in the fact that they are available as three room units (for a single person or married couple with no children), four room units (small family), five room units and the executive flats (the living room counts among the room count here). HDB flats are pretty much small towns, everything that you will need can be found right there in the community.

Q: What are the requirements to buy an HDB flat?

A: Those looking to buy one of these must be legal residents of Singapore and must have another legal or permanent Singaporean in their immediate family (who will occupy the unit). There are also gross monthly income limits to be dealt with; less than S$2,000/month for two room flats; less than S$3,000/mon for three room flats, less than S$8,000/mon for flats of four or more rooms, and those whose extended family will be residing with them cannot bring in more than S$12,000 monthly.

Q: Is it necessary to have a real estate agent working with and for

A: you when buying, selling or renting any residential property?
It is highly advised that you do have a real estate professional working with you when you are looking into doing any type of real estate deal here in Singapore. The Reason for this is that they know the laws very well and the country as well.

Q: What about condominiums; that is what I am looking for?

A: There are many condominium complexes all over Singapore. You can find information on any one of these complexes listed in the two full directory pages to be found here. One directory tells the names of all condo complexes in proximity to MRT and are listed according to which line they are near (East West, North South & North East Lines). The second directory is more detailed listing the building names alphabetically, by specific region and also by district.

Buy, Sell, Rent, Invest, In Singapore

MINDY YONG

( +65 ) 91002985

Fax: (+65) 64021826

mindy@mindyyong.com