Restricted properties include:

• vacant residential land;
• terrace house;
• semi-detached house;
• bungalow/detached house;
• strata landed house which is not within an approved condominium development under the Planning Act (e.g. townhouse or cluster house);
• shophouse (for non-commercial use); 
• association premises;
• place of worship; and
• worker’s dormitory/service apartment/boarding house (not registered under the provisions of the Hotels Act).

Yes, subject to approval.  The company is required to submit an online application.  A non-refundable application fee is payable.

No.  If the company is granted approval to purchase a restricted property, it will be subject to the condition that the property is used for the occupation of the company’s senior personnel as a dwelling house and not for rental or any other purpose.

A foreign company within the meaning of the Residential Property Act is a company that is not a Singapore company.  A Singapore company is one which is incorporated in Singapore and where all its directors and members/shareholders are Singapore citizens and if a member/shareholder is a company, it must be a Singapore company, and so on.  The ultimate beneficiaries of the company must be Singapore citizens.