Asked by
Buying EC in the resale market

1. Does SPR need to wait for 3 years from acquiring SPR status before we can by EC in the open/resale market?

2. No need to meet eligibility criteria such as income ceiling and the need to dispose of overseas property apply since buying a Resale EC is equivalent to buying private housing, right?

thank you!
0
14029 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

6 Answers

Hi, for PR purchasing a resale EC in an open market, you do not have to observe a 3 year waiting period. No income ceiling cap and you do not need to dispose off the overseas property. Because purchasing a resale EC is as good as though you are purchasing a private condo. But pls note that that the stamp duty payable will be at 8%. Pls feel free to let me know if you need any assistance.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
1
Hi,

For resale EC, there's no need to wait 3 years for SPR purchase, and no income ceiling criteria required to be met. It is like what you mentioned, like purchasing a private condo. Would you be keen on Northoaks at Woodlands? Thanks and hope to discuss further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More
1
GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred Experienced SG Realtor

We have various choices of resale EC from 7XX psf.

Call us now, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | CES Certified SG Realtor l SGRealtor.com
EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
ACTA (Full); PDCE (Singapore); Msc BIT(Middlesex); BBA (South Australia)

Featured Realtor Services recognition by SGReview.com and SGBride.com

Singapore Line : (+65) 92222389 
Malaysia Line: (+60) 111-0788889
Email: onassis@sgrealtor.com
Skype: incomecare

Our Clients' Success Is Our Success
“Clients’ always at ease putting their properties with us”

Our SG Realtor Services Youtube
Residential- https://www.youtube.com/watch?v=3kI2tBtopuM
Commercial- https://www.youtube.com/watch?v=ELAXddJ6nEk

Daring to invest on SG branding portals give us an edge advantages in reaching out to consumers'.

SG Commercial Websites
www.SGCBD.com
www.CBDSingapore.com
www.SingaporeCBD.com
www.CommercialSingapore.com
www.SgOfficeRental.com
www.SgShophouse.com

SG Landed Houses Websites – www.LandedGroup.com
www.SGGCB.com
www.SGBungalow.com
www.SGDetached.com
www.SGSemiD.com
www.SGTerrace.com
www.SGCluster.com

SG Districts Websites
www.BukitTimah.com.sg
www.Holland.com.sg
www.MarineParade.com.sg
www.sentosaisland.com.sg

Overseas Website
www.NewLaunch.my - Malaysia
www.PropertyPh.com - Philippines
www.VNProperty.com - Vietnam Read More
0
Hi,
There is no restriction to purchase from open market for at least 5 years old EC.
To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
0
PR Buying Resale EC (Simple Points):
No waiting period: Unlike buying a new EC, PRs can buy a resale EC immediately.
No income cap: There's no restriction on your income level.

Keep overseas property: You can hold onto any overseas property you own.

Similar to condo purchase: The buying process is similar to purchasing a private condo.

- If you need further assistance, feel free to reach out to me! Unfortunately, this platform doesn't allow direct contact, but you can contact me via WhatsApp at 9856 9255  or visit https://wa.me/6598569255.

- I'm here to help with no obligations and happy to answer any questions you have.

- You can check out my reviews at https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

- For buyers:

- I can help you find resale and new private homes such as condominiums or landed properties.

- There are currently no fees charged for my services.

- I can connect you with a reputable banker for private housing loan (In-Principle Approval) at no charge and no obligation.

- For mortgage home insurance matters, I have a partnering liaison to assist with your needs. Read More
1
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (65) 98 56 92 55 or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : )

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions