Asked by MING
Got a question to ask...
I am currently staying in 5 room flat fully paid up... I have recently purchase Condo and will be completed sometime next year...
Understand EC flat you need a gross combined income of S$ 12,000 per month.
If I qualify for EC Flat, does it mean that I need to sell off my Condo in order to purchase EC flat ??
If I can keep my Condo, does it mean that the purchase of EC is consider 2nd purchase and need to pay the levy even though I dispose off my 5 room flat in exchange of EC flat since I still have outstanding loan on the Condo..
Anyone can enlighten me...
I am currently staying in 5 room flat fully paid up... I have recently purchase Condo and will be completed sometime next year...
Understand EC flat you need a gross combined income of S$ 12,000 per month.
If I qualify for EC Flat, does it mean that I need to sell off my Condo in order to purchase EC flat ??
If I can keep my Condo, does it mean that the purchase of EC is consider 2nd purchase and need to pay the levy even though I dispose off my 5 room flat in exchange of EC flat since I still have outstanding loan on the Condo..
Anyone can enlighten me...
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