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Good morning Sir/ Mdm,

You are ONLY eligible to purchase a resale EC (fulfilled 5 years minimum period) as a single singaporean.

If your parents' finances permit, they can consider to pledge (put a sum of money in bank for 4 years) or unpledge (show funds to bank twice, once during application and another before disbursement) in order for you to obtain a housing loan cause you doesnt have any income at the moment.

Perhaps we can discuss your situation more in depth to gauge the feasibility.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

Contact:
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Dear sir/mdm,

You will not be eligible for brand new EC given that you are under 35 years and single, however, you are eligible to purchase resale EC where the age is 5 years or older. The key consideration is that the loan must be taken under your name therefore if you have no income to show the bank to be eligible for loan, then you will need to find some ways to convince the bank to loan you the sum required, and 2 of the ways are as what YT has mentioned, through pledging and un-pledging of funds. Your parents will be ineligible for the loan given that they are not the legal owners of the property.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
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Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, you may wish to consider going for a resale EC unit instead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Sir/Mdm,

For your case as a Singaporean under the age of 35 years old, you will be eligible to buy any private property or any resale EC that is more than 5 years old. Your parents are able to finance the purchase for you but they should avoid adding their names as one of the legal owners as they would incur the Additional Buyer Stamp Duty of 30%.

Please feel free to contact me so that I can understand your situation better and provide you with the best approach moving forward.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020 / 2022
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
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http://bit.ly/buypropertyguide

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“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
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Dear Sir/Madam,

Hi, I am Brendan!

For purchase of resale EC, no issues. I will also be able to help you out on the purchase.

Pls contact me at 9754 5207  .
Or Whatsapp me by clicking this link: wa.me/6597545207 which will direct you to open Whatsapp on your mobile phone.

Thank you!
Brendan Bay,
Contact: (+65) 97545207 
Whatsapp: wa.me/6597545207
Email: bay.binhao@gmail.com
FB: facebook.com/BrendanBay.ERA/
Web: brendanbay.com/

ERA STAR Achiever April 2022
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