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Hi, lets talk about your eligibility for various housing. Firstly the options open to you are :
1) resale HDB
For resale HDB, there are no income ceiling unless you plan to get HDB loan or CPF housing grants

2)Resale EC
For resale EC in the open market, they are treated as private property and you can purchase one under your own name if it is 6th year onwards.

3)New Launch Condo
More exploration and financial flexibility in this aspect, depending on the projects.

For private property, you are getting bank loan, and usually, as long as you have proof of income or what the bank requires.

For more detailed discussion, feel free to reach out to me with any other questions.

Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More

Hi,

Oh are you guys only looking at private property? Since you are already 35 years old and single singaporean citizen, you can actually purchase a resale HDB on your sole name basis, and add your fiancee name in later after marriage. But as you are the sole owner , only your income will be recognized for loan purposes and your CPF OA can be used to fund any downpayment or monthly repayment.

If its private property, you can again buy under your sole name as well. If you need her income for loan application purposes, best to buy only after you all are legally married. As for married couple with SC and foreigner first joint matrimonial property, you can be eligible for ABSD remission.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Multiple Diamond Award Achiever

SEAA Salesperson Achievement Award (Gold)
SEAA Singapore Accredited Mortgage Planner (SAMP)

ERA Top 11th Achiever in Feb 2024 (Top 1% Company Level)
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ERA Top 11th Achiever in June 2020 (Top 1% Company Level)

SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

Contact: (+65) 97432395 
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Hi, appreciate your sharing. For private EC or resale condo, giving you the flexibility to rent out or cash out after 3 years of purchase. In the event, there is a change of plan you might want to start an oversea life or wish to upgrade later, able to do so 3 years later.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More

Hi Glenn,

For your case, you will not be able to include your finance name as one of the owners as you will incur a higher Additional buyer stamp duty. If your intention is to move in quickly then a resale EC will make sense. However, if you can afford to wait, then a new condo is better.

Unfortunately you will not be able to get loan based on your combined income as her name will not be included as one of the owners. The loan assessment will be based solely on your income which will mean a higher cash outlay.

Please feel free to contact me so that I can do a calculation for you to determine the comfortable budget for you and we can plan from there.

Regards,
Nick Tan
(M) +65 96 44 48 54
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020/2022/2023
Visit my website to know me better: www.nicktan.com.sg
WhatsApp: https://wa.me/qr/X6VRPGSSIHN5D1
I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide

Testimonial from Satisfied Clients
“We have the privilege to work with Nick on our recent house purchase and we are extremely grateful for all the help he rendered to make the purchase a seamless experience!

Nick is attentive to all the requirements we have for our purchase and in the short span of time, he was able to provide us with potential shortlisted units that meet our criteria. (A big lifesaver for family with young kids and limited availability!) When conducting a viewing, Nick is highly proactive as he can be seen taking notes, asking questions, checking the conditions (that we missed or never thought of) and etc.

Overall, Nick remains reactive and portrays professionalism in this entire process. We would definitely recommend him to our friends and family who are looking for their next home/move opportunity.”

Jeannie & Victor (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

As a foreign spouse, purchasing a first residential unit in Singapore with a Singaporean husband will allow the couple to apply for ABSD remission since it is going to be the first matrimonial home. This applies only for married couples, thus can potentially allow both husband and wife's income to be taken into consideration for loan assessment, opening up a wide selection of homes for the couple to choose from.

If you are purchasing only as fiance-fiancee as of now, then ABSD for the foreign spouse will apply, thus it make sense to be only purchasing under the Singapore Citizen's name, which means only this income is assessed for home loan, thus reducing the number of choices.

As to whether it is more worthwhile to go for resale EC or new condo, it really depends on the priorities. There is no standard answer to it, but do take note that a foreigner is now allowed to purchase a resale EC that is under 10 years old.

I have been in the real estate business since 2009, with more than 14 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
Senior Division Associate Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Married with Singaporean Spouse:

ABSD Remission: You might qualify for ABSD remission (tax exemption) on your first home purchase together, making it more affordable.
Combined Income: Both your incomes can be considered for the loan application, opening up more property options.
Unmarried (Fiancé(e))

ABSD for Foreign Spouse: You'll likely need to pay Additional Buyer's Stamp Duty (ABSD) as a foreigner.
Lower Loan Eligibility: Only your spouse's income will be considered for the loan, limiting your choices.
Resale Executive Condo (EC) vs. New Condo:

Personal Choice: Both options have pros and cons, depending on your priorities. There's no one-size-fits-all answer.
Recommendation:

Consider getting married before buying a property together to maximize benefits.
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

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"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (65) 98 56 92 55 or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : ）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

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