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Good morning buyer,

It's very wise decision to purchase an EC as your first house.

By the way do take note that if your first house is an EC, you can only dispose it off after obtaining MOP.

If you intend to apply for another new EC, you will have to wait out a 30 months period after sale before you can apply for a new EC again.

You will be subject to resale levy too.

By the way, which EC are you looking at?

Perhaps you can spare me some time so I can share with you some data and analysis of current property market and some of my future plans as an EC owner in which you can do the same in future.

Hope to hear from you soon!

- One of well-earned Star Performers under the category of Top Private Property Transactors in Jan 2017-

Warmest Regards,

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/yt.tan91115171/ Read More

Hi Gd day. Yes sure why not? I havr assisted many buyers on their first home. Let mw give you the list of ecs based on your budget. There are quite a lot of good buys in the market.
Please kindly text/call me at 91442664  .
Tricia Tan
Watsapp/sms 91442664  Read More

Hi,

Yes if the finances are comfortable, purchasing a smaller new EC is possible. However, if you are going for another new EC unit, you have to wait out 30 months after selling the previous EC unit before you can apply. A resale levy is applicable as well, hence most clients will upgrade to a bigger private condo or bigger resale HDB since its most financially worth it.

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 
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Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials)

--- HDB Flat Upgraders Mr. & Mrs. Lee ---

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When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.

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He actually secured 2 attractive offers but assessed that the 2nd one will be a more smooth transaction. We're glad to have proceeded with his advice for a successful completion. Throughout he was professional and responsive. We wish him a great career and will be happy to recommend his services.

--- HDB Flat Sellers Uncle "Seng" and Mdm. Png ---

Translation from Mandarin:

We are from the Pioneer Generation, already in our 70s, and have no experience selling HDB flat. As our new BTO is arriving, we considered selling our flat earlier.

We felt he was a patient agent who is willing to hear out our plans and concerns, and explain new HDB selling procedures clearly to us. He is also a hardworking agent who did Roadshows for weeks to create awareness for our unit, and we quickly found a buyer through this avenue.

We also appreciate that he made the extra effort to accompany us down to the Banks and Town Council to help us with the outstanding paperwork procedures, and ensure the sale go through smoothly. Throughout the process, we always felt assured and happy, as Ivan was always professional, accessible and saw things through till conclusion. Ivan will remain as a family friend and we will be glad to invite him over for coffee when our BTO is ready. Read More

Hi,

Indeed it is a good move as I would advise my clients with comfortable finances to do the same. With regards to selling your property in this testing and constantly evolving market, you may wish to consider appointing a professional to handle the entire sales responsibilities. For a nominal fee, what you would get in return is- sincere 100% commitment, succinct coordination of viewings, extreme grip and control on price and avoidance of price wars and ill practices. Sometimes, it is not limited to just arranging viewings or qualifying buyers, but more of a professional who will guide you on your financial sums ( amalgamation of sales proceeds and CPF return) etc, plus handle all the associated paperwork.

In this weak market, you would require an extreme level of professionalism and high knowledge level to help your property attain maximum exposure and yet reap a profitable purchase price. Furthermore, a preliminary non obligatory discussion would allow me to shed some light on my working style and comprehensive marketing strategies to get your unit maximum exposure through the various mediums and more. In addition, it will be best to understand more on the market insights as well as for me to run through the overview procedural framework. The selling process should be expedited on a step by step basis, to ensure no financial liquidity complication and no wrath of regulations. You can always view my website to asses my recent high levels of Awards and Testimonials!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

#1 team of ERA in Singapore, Asia Pacific International for 2014.

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Dear sir,

As long as you have fulfilled the eligibility criteria in purchasing an EC (income ceiling, not owner of a private residential property now or within the last 30 months), it is definitely 1 of the better choice to look at EC as your first matrimonial home, however, moving forward 5-7 years after you sell it in the resale market, there is a 30months period to sit out before you are eligible for another brand new EC, because your first EC will have been considered as a private property by the time you met the MOP.

Hope the above helps.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Thank you for your support in 2016 for the Top Producers Award - https://bit.ly/No1Team

Claim your free home report today at https://bit.ly/ClaimFreeReport.

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My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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Hi,
Current rule is after the sale of the 1st EC, have to wait for 1.5 years then can apply 2nd EC. Fyi there will be levy of 55k when you enjoy the 2nd subsidy. Please drop me an email for me to share more details.

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