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Good evening buyer,

Regulations for new EC will be applicable for those ECs that have not MOP but have obtained approval to sell within MOP.

It will be:

1) HDB eligibility scheme
2) Loan: MSR
3) combined income ceiling $14k

Thus I am afraid to inform you that a single SPR is not eligible to purchase yet.

Hope my explanation helps!

By the way, care to share what are your requirements? Perhaps I can value add further by suggesting private property that are affordable.

Hear from you soon!

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor

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Hi,

There are various reasons that EC are allowed to sell before reaching MOP. These units have to obtain approval from HDB before release onto the market.
If thses
The eligibility requirement for resale EC are:
(1) 1x Singapore Citizen (SC) above 21 years old, or
(2) 2x Permanent Resident (PR)

Of course not forgetting, financial capability under TDSR criteria.

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 Read More