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Hello, would like to apply for the upcoming EC in Aug. My partner and I have a combined basic salary of 13,300. However I have additional commissions averaging of 6,000 per month.

What are the chances of a successful EC application?

Thanks in advance
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7 Answers

Hi

You may text 9620 0827  for a casual chat. We have help a number of client in buying an EC.

Warmest regards

Gavin Read More
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Hi,

Is the commission recurring or a one-off type of bonus? The basic salary is gross income with monthly cpf contribution?

I have assisted clients on their first EC purchase and will be happy to guide you through your scenario. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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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, which EC project are you referring to pls?

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Dear sir/mdm,

For such income level, it is quite likely that appeal will be rejected. Is there any reason for you to lock in on this EC choice in the first place since you are aware that you are already outside the income ceiling? Given that there is a 5 years MOP period and a construction period for the project to wait out, even if entry price is indeed attractive for an EC, you can probably have missed out other capital growth opportunities if you switch your purchase to other private condo or new launches.

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
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Hi Sir/Madam

1. It will be depend, is the commission recurring or a one type of bonus?
Combined basic salary is all fixed income or with variable income?

2. How many bedrooms are you looking at? and which area you prefer?

I will be glad to assist, no agent fee from EC/ private property buyer
I have current price list, promo of every projects in Singapore and will be glad to advise you

I won't be able to contact you first from PropertyGuru
Appreciate if you can contact me at (65) 96608508 
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
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Robbie Chen Chee Howe
Hi,

If your commission is on a monthly basis, averaging about $6k, then it is quite unlikely your application will be approved. If it's a one-off, then you could try to appeal on this.

Alternatively, you may wish to consider private condo instead. Given your income, there are some condos which has great potential, in locations much better than ECs. You may consider these condos.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Hi,

1) The household income limit for a new EC is capped at $16k only.
2) If you are receiving an average of $6k commission monthly on top of your basic income, then you are no longer eligible for the purchase.
3) The chance of successful appeal over this matter is rather slim.
4) I would suggest you consider a private residential property in your situation.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Any response to our answer does not reach us.
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