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Hi Sir/Mdm,

Currently there are no EC projects that are affected by ABSD and QC yet. In the future, ECs are unlikely to be affected as well because:

1. ECs are mass market properties, targeted at sandwich class and HDB upgraders. Unlike luxury properties, the pool of buyers are greater and therefore the likelihood that developer will not be able to sell off all the units are low.

2. There are hopeful buyers who feel that the ABSD and QC will result in developing slashing prices for projects in a bid to avoid paying these hefty fees. However, most developers will have the financial muscles to pay these fees and alternative vehicles may also be set up by them to avoid these fees. ECs prices are lower to start with and it is quite unlikely that prices will be slashed further.

I hope my explanation helps and 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

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Mr and Mrs Chan (Sold and Bought a property through Nick) Read More

Hi investor,

No EC is affected by ABSD/QC at the moment; if you'd like to know which condominiums are affected by QC, I can share it with you - it's unlikely that anything will be changed in the short run.

Feel free to contact me at your convenience, and we can carry on from there.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More

Hi,

Re: Our Preferred Experienced SG Professional

EC do not have ABSD issues, if you looking for EC without resale levy.

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.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.

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