The Government has no restrictions on permanent residents when it comes to buying, selling and sub-letting condominium units. But there are rules for landed property and HDB flats.

To buy landed property - bungalow, semi-detached house, terrace house and town house, whether freehold or leasehold - PRs need to apply for a permit from the Singapore Land Authority (SLA). They will be assessed on their economic contributions - qualifications, expertise and investments here.

PRs cannot sell their landed property within three years of buying it. After three years, they may sell it to a Singaporean or another PR, who has to seek SLA's permission for the purchase. PR owners of landed properties are also not allowed to rent them out under the Residential Property Act. Offenders are liable to a maximum fine of $5,000 or a jail term capped at three years, or both.

For more The Straits Times stories, click here.