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Singapore: Landed property: Fewer foreigners to get approval

Posted on 13 October 2011

With changes to the Residential Property Act (RPA) in January, Law Minister K Shanmugam expects the number of approved foreigner’s purchase of landed property here to be cut by more than half.
Shanmugam said approvals are given to applicants who are making a “very significant economic contribution” or if the family is rooted in Singapore with children doing national service……………………………………….Full Article: Source


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