Frequently Asked
Questions

Yes. Foreigners are eligible to purchase condominium property (non-landed) in Singapore. Thomson Reserve, as a condominium development, is open to foreign buyers. The applicable ABSD rate for foreigners is 60% on first and subsequent properties, except for nationals of countries with FTA provisions (USA, Switzerland, Norway, Iceland, Liechtenstein) who are treated the same as Singapore Citizens for their first property.

Yes. Singapore Permanent Residents (PRs) are eligible to purchase private condominium property. The applicable ABSD rate for a PR's 1st property is 5% and 30% for a 2nd property.

Citizens of USA, Switzerland, Norway, Iceland and Liechtenstein are exempt from ABSD on their first residential property in Singapore, under the respective Free Trade Agreements (FTAs).

The minimum downpayment is 25% of the purchase price if you have no existing home loans. Of this, at least 5% must be in cash; the remaining 20% may be paid using CPF Ordinary Account savings.

New launch condominiums in Singapore use a Progressive Payment Scheme (PPS). Payments are tied to construction milestones: 5% booking, 15% S&P, 10% foundation, 10% structure, 5% walls, 5% ceiling, 5% M&E, 25% TOP, 15% CSC.

No existing home loans: LTV up to 75%; minimum downpayment 25% (min. 5% cash). 1 existing home loan: LTV up to 45%; minimum downpayment 55% (min. 25% cash). 2 or more existing home loans: LTV up to 35%; minimum downpayment 65% (min. 25% cash).

BSD applies to all purchases: First S80k: 1% • Next S80k: 2% • Next S40k: 3% • Next S00k: 4% • Next S.5M: 5% • Above SM: 6%. For a SM property, BSD = S4,600.

Singapore Citizens: 1st property: 0% • 2nd: 20% • 3rd+: 30%.
Singapore PRs: 1st: 5% • 2nd: 30% • 3rd+: 35%.
Foreigners: 60% on any property.
Entities: 65% on any property.

ABSD remissions may apply for married couples (SC+PR or SC+foreigner) who sell their first property within 6 months of TOP/completion. SC seniors aged 55+ right-sizing to a lower-value property may also apply for a refund under specific conditions.

SSD applies if you sell within 4 years (effective 4 July 2025): Within 1 year: 16% • 2 years: 12% • 3 years: 8% • 4 years: 4% • After 4 years: 0%. Given Thomson Reserve's expected TOP in February 2031, most buyers holding from purchase to TOP will not be subject to SSD.

For a first property, you may use your CPF OA savings up to the property's purchase price or valuation limit. For a second property, you may only use CPF OA savings after setting aside the current Basic Retirement Sum (BRS) in your CPF. CPF usage is also limited by the Valuation Limit and Withdrawal Limit.

The Thomson Reserve showflat preview is targeted for October 2026. Official pricing, floor plans and unit allocation will be released at the preview. Pre-register now to secure a private viewing slot.

Thomson Reserve is located at 1, 3, 5, 7, 9 & 11 Bright Hill Drive, Singapore — in District 20 (Upper Thomson). A 2-minute walk from Upper Thomson MRT Station (TEL Exit 2), via a dedicated covered walkway.

Thomson Reserve is developed by Tamarind Development Pte. Ltd. — a joint venture between UOL Group Limited, Singapore Land Group Limited (SingLand) and CapitaLand Development Pte. Ltd.

The expected Temporary Occupation Permit (TOP) date is 28 February 2031.

Thomson Reserve comprises 1,268 total units across 6 towers (4 x 21-storey Classic Collection towers + 2 x 30-storey Luxury Collection towers). Unit types range from 2-Bedroom to 5-Bedroom Suite, including options with private lifts. 84% of units are 2 and 3-bedroom homes.

Thomson Reserve is a 99-year leasehold development, with the lease commencing 14 July 2026.