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Asked by Ken 1 Nov 2012

Hi gurus

I have decided to give up my EC option.
Will this Decision affect if I decided to go for another ec e balloting?

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Mike Lim · Answer 1 · 2012-11-02T11:00:54+08:00

Mike Lim

Replied 2 Nov 2012

Morning Ken,

If you have followed the news closely, it have being reported that buyers who gave up their balloting or selection chance will not be able to participate in similar exercise with othe next one year.

FYI
Mike Lim
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RL

Ken

Replied 2 Nov 2012

Thanks Mike for clarifying and for the quick reply.
Yes so I notice, but seems a bit grey as the report only make reference to "flat"

Excerpt: "If you book a flat from March 2012 Sales Exercise onwards and subsequently cancel the flat booking, you will have to wait-out a 1-year period from the date of cancellation before you can apply or be included as an essential occupier for a resale flat with CPF Housing Grant."

so does it apply to EC?

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