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Hi All, I am a PR currently owning a HDB 4 Room flat, Re-Sale Flat bought on Jan 2010. I am planning to buy a Condo in Singapore. I have the following questions.
1. Is it advisible to buy New Condo from Developer or from Resale Market as I heard the New price and the resale price is the same?
2. Am I eligible to buy Executive Condominium (EC)?
Thanks in Advance.
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1 Answer

YT Tan (陈永达)
Replied
Hi Vinod,

You have to do your own price comparisons between new launches and resale developments in the area you are focusing at.

Buying a new launch, there are much more chances in capital appreciation as for resale units, you will be able to see the actual unit rather than some development models and floor plans.

Oh well, as you are a Singapore PR and as long as you fulfilled the schemes applicable to EC (same as HDB) eg: public scheme. you will be eligible to purchase a new EC or resale.

If resale EC, you can keep your current HDB. If new EC, you have to sell off your current unit.

Hope it helps!

Cheers!

Warmest Regards,
YT TAN
District Manager
R043025D
(M): 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
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