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 | | TIPS ON BUYING A HOME IN SINGAPORE |  |  | Selecting a home Many foreigners prefer to purchase a new home directly from developers, especially established and reputable developers. Some factors to consider when purchasing a home include location of the property, accessibility, entertainment and recreation options, amenities nearby, closeness to mass rapid transit station and schools. In Singapore, residents staying within 2 kilometres of a local school have an added advantage in getting entry into the school for their children. Capital values of homes near a mass rapid transit station or with good views are usually higher than other properties in the vicinity. |  |  | Budget and financing Before committing to purchase a property, consider your budget and financial planning. Check with the various banks the mortgage loan packages available to foreigners to get the best deal. |  |  | Time frame Before committing to purchase a property, consider your budget and financial planning. Check with the various banks the mortgage loan packages available to foreigners to get the best deal. |  |  | Ease of exit When you decide to sell off your property, ease of exit is important. Singapore has a very active secondary market which attracts local and foreign buyers so selling off your property is easy. |
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