Asked by Ms. Adeline Ng
what is the difference between freehold and EC in spore
5641 views
5 Answers
Dear Buyer,
Re: Today’s SG Professional Choice- SGAgent.com & SGRealtor.com
Freehold never applicable for EC, as EC is 99 years leasehold.
For the purchase of your desired property.
I am contactable at 92222389 or onassis@sgagent.com / 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 | Today’s SG Professional l SGAgent.com & SGRealtor.com
EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
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Singapore Line : (+65) 92222389
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Singapore Professional Networks “SGProfessional.com”-
I pledge myself to maintain honesty and uphold integrity, to pursue my profession and education so that I may provide my clients with outstanding services. Read More
Re: Today’s SG Professional Choice- SGAgent.com & SGRealtor.com
Freehold never applicable for EC, as EC is 99 years leasehold.
For the purchase of your desired property.
I am contactable at 92222389 or onassis@sgagent.com / 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 | Today’s SG Professional l SGAgent.com & 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@sgagent.com / sgrealtor.com
Skype: incomecare
Singapore Professional Networks “SGProfessional.com”-
I pledge myself to maintain honesty and uphold integrity, to pursue my profession and education so that I may provide my clients with outstanding services. Read More
Hi Ms Ng,
A property can be Freehold Or Leasehold.
Freehold refers to the tenure of the property where one is "Forever"
EC is short for Executive Condominium.
All EC's are leasehold (99 yr lease)
Steven Wang
Edmund Tie & Co
khim.wang28@gmail.com
9169 5023 Read More
A property can be Freehold Or Leasehold.
Freehold refers to the tenure of the property where one is "Forever"
EC is short for Executive Condominium.
All EC's are leasehold (99 yr lease)
Steven Wang
Edmund Tie & Co
khim.wang28@gmail.com
9169 5023 Read More
Hi Adeline,
If you own a property sitting on a freehold land, it means that you own the property forever. For Executive Condo (EC), it is a type of subsidized housing for the sandwiched class. They are on 99 years leasehold and you will have to satisfy the pre requisites before you can purchase.
Please feel free to contact me so that I can assist you further!
Regards,
Nick Tan
(M) +65 9644 4854
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com
Testimonial from Satisfied Clients (2015/2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted 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.”
Ms Chia (Buyer)
“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)
“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)
“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
If you own a property sitting on a freehold land, it means that you own the property forever. For Executive Condo (EC), it is a type of subsidized housing for the sandwiched class. They are on 99 years leasehold and you will have to satisfy the pre requisites before you can purchase.
Please feel free to contact me so that I can assist you further!
Regards,
Nick Tan
(M) +65 9644 4854
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com
Testimonial from Satisfied Clients (2015/2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted 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.”
Ms Chia (Buyer)
“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)
“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)
“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
Hi Adeline,
Freehold refers to the tenure, where you own the property perpetually forever if you decide not to sell (subject to land acquisition act). There are various tenure here where the most common ones are 99years leasehold, 999years leasehold or freehold.
EC (Executive Condo) refers to a type of subsidised housing by the government catering to the middle class mainly where private condo could be out of affordability while they are looking forward to live in an environment where they can enjoy similar facilities like a private condo. Take note that ECs will privatised after a period of 5 years upon TOP (where only SC and SPR can purchase) and fully privatised after a period of 10years where all who can afford are eligible to purchase.
Hope I have answered your questions. If you have further question, feel free to get in touch with me in private as we are not alerted to any responses posted on this thread.
Thank you.
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Claim your free home report today at http://bit.ly/ClaimFreeReport.
Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
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
G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More
Freehold refers to the tenure, where you own the property perpetually forever if you decide not to sell (subject to land acquisition act). There are various tenure here where the most common ones are 99years leasehold, 999years leasehold or freehold.
EC (Executive Condo) refers to a type of subsidised housing by the government catering to the middle class mainly where private condo could be out of affordability while they are looking forward to live in an environment where they can enjoy similar facilities like a private condo. Take note that ECs will privatised after a period of 5 years upon TOP (where only SC and SPR can purchase) and fully privatised after a period of 10years where all who can afford are eligible to purchase.
Hope I have answered your questions. If you have further question, feel free to get in touch with me in private as we are not alerted to any responses posted on this thread.
Thank you.
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Claim your free home report today at http://bit.ly/ClaimFreeReport.
Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
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
G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More
Good morning Adeline,
Freehold is a type of tenureship while EC is a type of housing under HDB.
Tenureship:
1) Freehold; owner can hold the property as long as they can and still able to pass on to next generations.
2) leasehold: owner can only hold the property during the lease duration for instance: 99 years
EC is executive condo introduced by HDB for sandwich class that are over qualified for BTOs and not able to afford private property.
You must form a family nucleus with spouse or parents etc in order to apply for this. Same as public housing, you need to fulfill 5 years minimum occupation period before you can sell to SC or SPR. You can sell it off to foreigners after it privatised in 10 years time.
Hope my explanation helps!
May I know how can I value add further in your property purchase?
- Your Leasehold Ally, Freehold Tactician -
1) Like my FB page: www.facebook.com/yt.tan91115171
2) Just to share!
Only a one time sign up, you will be able to receive a free SMS update on the value of your home and neighborhood from me on a monthly basis.
Click this now: http://bit.ly/yt_proptrack (SRX property tracker)
Join me on board towards a hassle free update on valuation now!
Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
R043025D
Propnex Realty Pte Ltd
(M): +65 9111 5171
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
Powerful Negotiators
No1 team in Propnex Read More
Freehold is a type of tenureship while EC is a type of housing under HDB.
Tenureship:
1) Freehold; owner can hold the property as long as they can and still able to pass on to next generations.
2) leasehold: owner can only hold the property during the lease duration for instance: 99 years
EC is executive condo introduced by HDB for sandwich class that are over qualified for BTOs and not able to afford private property.
You must form a family nucleus with spouse or parents etc in order to apply for this. Same as public housing, you need to fulfill 5 years minimum occupation period before you can sell to SC or SPR. You can sell it off to foreigners after it privatised in 10 years time.
Hope my explanation helps!
May I know how can I value add further in your property purchase?
- Your Leasehold Ally, Freehold Tactician -
1) Like my FB page: www.facebook.com/yt.tan91115171
2) Just to share!
Only a one time sign up, you will be able to receive a free SMS update on the value of your home and neighborhood from me on a monthly basis.
Click this now: http://bit.ly/yt_proptrack (SRX property tracker)
Join me on board towards a hassle free update on valuation now!
Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
R043025D
Propnex Realty Pte Ltd
(M): +65 9111 5171
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
Powerful Negotiators
No1 team in Propnex Read More