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Hi,

Definitely, such cases are more common than you think. However, do note that you must fulfill the EC eligibility conditions to be eligible for new EC, namely monthly household income not to exceed $14k/month, at least SC/SPR household, have not bought more than 2 subsidized housing (ie. BTO or new EC) and have met the MOP of 5 years (if you own a HDB), and no private or overseas property ownership at the moment.

I have done EC transactions and will be glad to share more on the detailed financial plan and timeline. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials)

**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! ** Read More

Hi,

Yes of course! Why not? There is no law that states that you must take a loan when buying a property.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Good morning,

There is no hard and fast rules about the mode of repayment on the purchase of property. Since the fund used can be justified, you can proceed with the purchase accordingly.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA

Looking for an experienced agent with knowledge on sales and purchase of residential property in Singapore?
With more than 10 years experience on all S&P cases, along with knowledge related to:

1) Mental Capacity Act
2) Long Lasting Power of Attorney
3) Esate Planning and Distirbution
4) Divorce
5) Bankruptcy
6) Purchase of HDB after Retirement Age

You can be sure that your concern and doubt will be cleared. This would allow you to move forward in one of your life's most rewarding decision with ease of mind. Read More

Hi,
The answer is Yes.
Which EC are you keen to take a look?
I can be contacted @ 97100155 
Pei Propnex Read More

Hi,
Yes, loan is not a must. Please drop me an email for me to share the cost breakdown and procedure of the purchase.

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

Hi,

Yes, you may buy any property without a loan.

But as for regards to EC, it is not only the loan that you must concern about.

(1) You have to check your eligibility if you are buying new launch or from developer in another words.

(2) If you are referring to resale EC, then yes, budget would be the main concern. As they (after MOP) are selling like private property to Singapore Citizen or SPR, and no longer follow HDB rules & regulations.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

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