Foreigners can buy private industrial property in Singapore — no ABSD, no approval. Per IRAS, there’s no ABSD, but watch the Seller’s Stamp Duty (SSD): reselling within 3 years attracts extra tax to curb short-term flipping. Yields are often higher, but zoning and resale rules are more complex — suited to buyers with a clear holding plan.
💡 Lucy’s tip: Two easy-to-miss points — B1/B2 zoning limits what trades can operate, and selling within 3 years triggers SSD. Decide your holding period and use before buying; don’t treat it like a residential flip.
Types (per URA zoning)
| Type | Use | Location |
|---|---|---|
| B1 light / clean | Low-pollution production, R&D, storage | Can be near residential |
| B2 general / heavy | Noisier, heavier industry | Industrial estates |
Private vs JTC
- Private industrial: freely traded; foreigners often buy strata industrial units (lower entry).
- JTC (Jurong Town Corporation): government-leased, shorter tenure (e.g. 30 or 30+30 years), transfer subject to JTC approval and use/owner-occupation conditions.
Taxes (per IRAS) — mind the SSD
- BSD (non-residential): up to 5%.
- No ABSD.
- GST 9%: if seller is GST-registered.
- SSD (industrial): resale within year 1 = 15%, year 2 = 10%, year 3 = 5%, after 3 years = 0%.
Estimate with the calculators.
Summary
- Can buy: private industrial, no ABSD, no approval.
- Biggest note: SSD on resale within 3 years (15/10/5%).
- B1 clean vs B2 heavy.
- Contact Lucy for current industrial opportunities.
⚠️ Zoning, tenure and taxes as per URA / IRAS / JTC.