Foreigners can freely buy office space in Singapore — no approval, no ABSD. Per IRAS, offices are commercial property: only BSD (up to 5%), plus 9% GST if the seller is GST-registered. For investors seeking stable rental yield, offices are a clear, ABSD-free option.
💡 Lucy’s tip: You don’t need to buy a whole building — plenty of strata offices let you own a CBD unit for a few million SGD, with the same no-ABSD benefit.
Two ways to buy
| Way | Entry | For |
|---|---|---|
| Strata office | Lower (unit-level) | Individual / smaller investors |
| Whole building | High (tens of millions+) | Institutions / family offices |
Taxes (per IRAS)
- BSD (non-residential): up to 5%.
- No ABSD.
- GST 9%: if the seller is GST-registered (a GST-registered buyer can usually reclaim it).
- LTV up to ~80% (per MAS/market), 55% TDSR.
What to check
- Location — CBD (Raffles Place, Tanjong Pagar, D1/D2) for liquidity and rent.
- Tenure (99-year / 999-year / freehold).
- Existing tenancy and rent.
- Vacancy cycle.
Net yields on prime offices are typically ~3–4% (market-dependent).
Summary
- Can buy: yes, no ABSD, no approval.
- Entry: strata for individuals, whole building for institutions.
- Taxes: BSD up to 5% + possible 9% GST.
- Contact Lucy for current office opportunities.
⚠️ Rates and zoning as per IRAS/URA/MAS; yields per actual projects.