The "Crazy in Love" singer will be headlining the city's F1 Rocks concert next month and she and rapper husband Jay-Z wanted somewhere luxurious to stay, reports femalefirst.co.uk.
The couple have been looking at plush penthouses in the city's Marina Bay area, and one pad which has impressed them has an incredible 360-degree view of the city and the sea.
"Beyonce and Jay-Z love Singapore and don't want to just stay at a hotel while they are there. Some of the apartments they've seen have been fantastic but their favourite is the one with the stunning view," said a source.
Beyonce will be joined at F1 Rocks by bands Black Eyed Peas and N.E.R.D.
The event - which will also feature performances from ZZ Top, Simple Minds, Chinese singer Jacky Cheung, Taiwanese hip-hop band Da Mouth and Taiwanese pop band Sodagreen - is to be the first of eight F1 Rocks concerts planned by Formula One boss Bernie Ecclestone to tie-in with races across the season.
The event takes place Sep 24-26 at Fort Canning Park, while the Singapore Grand Prix is to be held Sep 27.
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