Can Foreigners Buy Units at Sengkang Connection?

Published 7 October 2026

Yes. Industrial property in Singapore is open to individuals, Singapore-incorporated companies and foreign entities, so foreigners and foreign companies can buy units at Sengkang Connection, and no Additional Buyer's Stamp Duty arises on an industrial purchase whatever the buyer's profile. Every purchaser must still satisfy JTC's usage and occupation conditions for the development, which centre on how the unit is used rather than who owns it.

That makes eligibility a question of use and structure more than nationality. The position below is stated as at October 2026; stamp duty and lending rules can change, so confirm the current position with IRAS and your bank before committing.

Who Can Buy at Sengkang Connection

The buyer pool for a B2 strata factory is broad. It includes Singapore citizens and permanent residents buying in their own names, Singapore-incorporated operating companies, investment-holding companies, and foreign individuals and foreign entities. A company, an individual investor and a foreign entity are treated the same way on the buy side.

In practice, many industrial units are bought through a company. Many banks prefer, and some require, that industrial units be purchased through a company rather than by an individual, and an investment-holding company is a common structure. Where the buyer is a company, the bank assesses company financials and directors normally give personal guarantees. The industrial loan information page explains how lenders approach each structure.

JTC Conditions That Apply at Sengkang Connection

Sengkang Connection sits on a 33-year lease from JTC, and JTC sets usage and occupation conditions for its industrial developments. These conditions apply to every owner and occupier alike. They govern the kind of activity carried on in a unit — it must be an industrial use consistent with the B2 general industrial zoning — and the occupation of the space.

The development's zoning is generous on use. B2 covers engineering and fabrication, metalwork, heavier production, machining and processing, and warehousing and logistics support, with final permitted uses subject to JTC and the relevant competent authorities. A foreign manufacturer setting up a Singapore production base, or a regional supplier serving the aerospace cluster at Seletar, sits within the kind of activity B2 zoning is intended for. The project details page covers the building and the parcel.

Stamp Duty for Foreign Buyers at Sengkang Connection

Buyer's Stamp Duty is payable by every buyer, on the higher of the purchase price or market value, at marginal rates rising from 1% to a top rate of 5%. It falls due within 14 days of exercising the Option to Purchase or signing the Sale and Purchase Agreement.

No Additional Buyer's Stamp Duty arises on an industrial purchase, for a foreign entity or anyone else, however many properties the buyer already holds. Seller's Stamp Duty applies if an industrial unit is sold within three years: 15% in the first year, 10% in the second and 5% in the third, and nil after that. The stamp duty and GST page sets out the rate bands in full, and the stamp duty calculator works out the Buyer's Stamp Duty for any figure you enter.

GST at 9% applies to the purchase price where the seller is GST-registered, which is normally the case for a new development sold by its developer. Whether it can be recovered depends on the buying entity, as a guideline only and subject to the rules set by IRAS.

Financing a Foreign Purchase at Sengkang Connection

There is no fixed MAS loan-to-value cap on an industrial purchase; each bank sets its own limit, driven mainly by intended use. Owner-occupiers routinely secure the strongest terms, with indicative ranges of up to about 90% for an owner-occupied unit and about 80% for an investment unit.

Under the Progressive Payment Scheme, the first 20% falls due within roughly eight weeks of booking and is normally funded from cash, so a foreign buyer should plan the remittance alongside stamp duty and GST. The payment scheme page sets out every stage, and the industrial purchase calculator lays out the cash requirement for any price you enter.

Next Steps for Overseas Buyers at Sengkang Connection

An overseas buyer will usually want three things settled early: the buying entity, the bank and the intended use. With those in hand, the purchase follows the same sequence as for a local company, from the Option to Purchase through the construction stages to completion, which is scheduled for the first quarter of 2029.

• Decide whether to buy through a foreign entity or a Singapore-incorporated company.
• Obtain an indicative loan amount and tenure from a bank, based on the lease position.
• Describe the intended activity so that it can be checked against JTC's conditions.

The Sales Concierge can take an overseas enquiry by phone, WhatsApp or email and send the e-brochure, floor plans and indicative pricing as the developer releases them. Register through the showflat appointment page or the contact form.

General information only, not financial, tax or legal advice. Statutory figures are stated as at October 2026; confirm the current position with IRAS, MAS, JTC or your bank before commitment.