You have probably discovered the rise in Singapore’s property prices coinciding with the acceleration of the markets. You have also probably heard that because of the changes in various housing rules, acquiring property within Singapore has become easier for those purchasing domestically and from foreign globe.

Condos are especially a popular choice of foreign buyers. Singapore authorities used to have a rule in which a far off buyer could only purchase an apartment in a building higher than six stories and the apartment had to be considered a condominium. This rule no longer applies, but has not interfered with condo sales within buildings in the area.

Yet to purchase a condo as a result of what is called Executive Condominium projects (EC), you must deemed a Singapore citizen or resident and the purchase must take place anywhere between the sixth and tenth year from the date the Temporary Occupation Permit was granted. Any foreigners or corporate bodies who aren’t permanent residents of Singapore are not eligible to obtain an EC. But the good news is that if you tend to be a foreigner or part of the corporate body, you can purchase an EC if is in its eleventh year from the date the Temporary Occupation Permit was issued.

So if you’re permanent citizen clearly corporate body who wants to purchase an EC, the appropriate action is to locate the developer in that particular area obtain the information you must make your expense. If you are a foreigner or corporate body attempting purchase an EC, you should also check with the developer in the area you are seeking so that you should find what ECs have a their eleventh year and beyond.

But if you’ll need a good Jade scape condo, you could go the EC route or purchase look into apartments or condos that have apartments that are classified as condos. It more or less depends on your citizenship, if you are part of a company body that has relocated in Singapore, or what type of money you are willing to spend. Although property prices within Singapore have seen a rise, that rise is due on the demand and success of the economy, which cannot be overlooked. These successes have resulted from a successful real estate market that involves anything from homes to the perfect condo, so be sure to look into purchasing property in Singapore if you are relocating domestically or relocating abroad.