HIRE A LOCAL PROPERTY LAWYER
#4
HOW TO OWN PROPERTY IN SINGAPORE
If you’re buying a property in Singapore, it’s important to have a
local qualified lawyer to help you. The bank will usually refer a
lawyer in their panel list, if you have a lawyer referred by your
friend, ensure that the lawyer is in the bank’s panel list.
The lawyer has an important role drawing up the contracts,
performing searches to confirm details of the property and its
ownership and making sure the property won't imminently be
affected by any major infrastructure projects. The lawyer is also
responsible for due diligence checks on the seller (for resale
condominiums) and will liaise directly with the developer’s
solicitor, which can ensure you’re not victim of a scam.
