Guide to buy new EC

supermanz88

Alfrescian
Loyal
Joined
Aug 27, 2015
Messages
75
Points
6
As Singaporean you have the privilege to buy EC direct from developer. EC is a subsidized private condominium where you got to buy at lower price compare to the surrounding private condo.

Because it is subsidized, government implemented few rules in which EC buyers need to follow such as there must be at least one Singapore Citizen combine with another Singapore Citizen or SPR.

And they must form family nucleus in either: public scheme, fiance/fiancee scheme, orphan scheme, or joing single scheme. More on the combination of the family nucleus, CPF Housing Grant, and other details you click on Eligibility to buy EC
 
But you got to hold on to the EC for 10 years before you can sell to the foreigners at higher price.

image.jpeg
 
Last edited:
Back
Top