Can private property owner buy foreign residential property

In Singapore, the rules for buying foreign residential property are not directly related to the type of property you own in Singapore, but rather to the regulations set by the Housing and Development Board (HDB) and other relevant authorities.

If you are a private property owner in Singapore, you are not subject to the same restrictions as HDB flat owners. HDB flat owners are required to fulfill the Minimum Occupation Period (MOP) of typically five years (or 10 years for Prime Location Public Housing flats) before they can purchase residential property abroad.

However, for private property owners, there are no such MOP restrictions. You can buy foreign residential property without needing to wait out any specific occupation period related to your Singapore property. It is important to note that you cannot use your Central Provident Fund (CPF) savings to purchase property outside of Singapore.

In summary, as a private property owner in Singapore, you are free to purchase foreign residential property without the MOP restrictions that apply to HDB flat owners.