Buying a second property overseas

WHAT seems better than having a home in Singapore? Most likely, a second one. But in the wake of punishingly high Additional Buyer’s Stamp Duty, that puts the idea of a second property out of the reach of those hoping to put their investment money on that most covetable asset.

But that’s where overseas properties come into the picture. While there’s homework to be done to ensure a purchase doesn’t turn out to be a dud, the thought of being a homeowner in a foreign country is a tempting one. In Friday’s issue of BT Lifestyle, we tell you what to look out for before putting a deposit down, and also where and what kind of property you can buy if you have S$1 million or more to spare.

Buying a home also means furnishing it, and we go shopping at Fendi Casa, which recently opened its flagship store in Singapore as part of its Asian expansion. And how about some artwork, as we check out a new solo exhibition by Ho Rui An, one of Singapore’s most exciting young artists.

And in Dining, find out what to expect at the high-profile Estiatorio Milos Greek restaurant at Marina Bay Sands, while we also check out some homey tapas at the new Cendra Spanish eatery in Gemmill Lane.

For all this and more, don’t miss Friday’s issue of BT.