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Hi Gurus,

I know that we can't buy/own overseas property when buying new HDB flat, but how about buying new EC, does the same rule apply? If I have overseas property and willing to buy a new EC, can I keep my overseas property? Btw I am PR, and my wife is Singaporean, the overseas property is only under my name.

Please advise. Thanks.
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4 Answers

Yian Tay
Replied
For buying of BRAND NEW EC is the same as buying of HDB, you are not allowed to own any private property or overseas property. It is the same. During the years the property is being built and 5 years during which the EC is being built, you are not allowed to buy and own any private property or overseas property and that includes land banking, or investing in overseas projects.

Making dreams come true, one home at a time,

Yian Tay
ERA Realty Network Pte Ltd
Mobile: 82884499 
Email: yiantay.era@gmail.com
CEA Regn - R027190C Read More
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Mike Lim
Replied
Evening William,

New EC is still under the care of HDB till it fulfills the MOP of 5 years where it turns semi-privatized. Hence standard HDB ruling apply unless you are willing to go into resale EC.

FYI
Mike Lim
 96929209 
ERA Read More
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Able S.K Toh
Replied
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Able S.K Toh
Replied
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

----------------------------888--------------------------------888--------------------------->>>

(1) "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) 9856*9255 or through this link.:https://wa.me/6598569255

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

(2) (***) ✅✅ You can READ my REVIEWS here:

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: @ +65 9 8 5 6 9 2 5 5

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** ✔✔Connect Singapore Line: ✔✔(65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in SINGAPORE :CALL/ WHATSAPP me FOR BEST CHEAPEST, LOWEST PRICE Straight From Developer Sales Team !!! Read More
1
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