AskGuru Q&A Community

Hi Clement, for resale EC, there is no restrictions and a single person could purchase whether is he a local or a PR.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Happy lunar new year to you, Clement!

You can purchase a resale EC as a single singaporean or SPR if the property age is at least 5 years old. A foreigner can purchase it after it privatised.

As a resale EC buyer, you dont have to fulfill minimum occupation period and there's no housing grant for the purchase.

Purchasing a resale EC is like purchasing a private property at a better price.

Hope my sharing is beneficial to your decision making.

May I know how can I continue to value add in your property purchase?

Warmest Regards,
YT Tan
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
BEstate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More

Hi Clement,

For resale EC, there is no MOP to observe, and there are also no grants for that, hence no income eligiblity as well. However, if you sell within 4 years, seller stamp duties will apply. Single SC/SPR can purchase resale EC of 5 years and above, as long as they have the financial means to do so. You can treat it as purchasing private condo, there's not much difference. Thanks and hope to assist further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Hi Clement,
Resale EC is like private condo. After 5 year old EC, only allow to sell to Singapore citizen or SPR. After 10 years, it will be open to foreigner.
There will be no grant for resale EC. As it is like private condo, there is no restriction to buy as single or family.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Hi Clement,

Re: Our Preferred Experienced SG Professional

You can go ahead with the purchase of resale EC. It work like private condo now, with no MOP applicable.

Call us now, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | CES Certified SG Realtor l SGRealtor.com
EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

Featured Realtor Services recognition by SGReview.com and SGBride.com

Singapore Line : (+65) 92222389 
Malaysia Line: (+60) 111-0788889
Email: onassis@sgrealtor.com
Skype: incomecare

Our Clients' Success Is Our Success
“Clients’ always at ease putting their properties with us”

Our SG Realtor Services Youtube
Residential- https://www.youtube.com/watch?v=3kI2tBtopuM
Commercial- https://www.youtube.com/watch?v=ELAXddJ6nEk

I no longer have to introduce myself with presence that memorable at SGRealtor.com, SGAgent.com and SGAgents.com.

Do what the 99.99% won’t do

Upcoming 2016, we are in the progress to create property portals to serve our SG clients better.

www.HiSingapore.com –Singapore Housing and Commercial Property Guide
www.Listing.sg – SG Properties Listings
www.CommercialSingapore.com – Commercial Listings
www.SGHouses.com – Residential Listings
www.Showsuite.com – SG Developer Projects Listings

SG Commercial Websites
www.SGCBD.com
www.CBDSingapore.com
www.SingaporeCBD.com
www.SgOfficeRental.com
www.SgShophouse.com

SG Landed Houses Websites – www.LandedGroup.com
www.SGGCB.com
www.SGBungalow.com
www.SGDetached.com
www.SGSemiD.com
www.SGTerrace.com
www.SGCluster.com

SG Districts Websites
www.BukitTimah.com.sg
www.Holland.com.sg
www.MarineParade.com.sg
www.sentosaisland.com.sg

Overseas Website
www.NewLaunch.my - Malaysia
www.PropertyPh.com - Philippines
www.VNProperty.com - Vietnam Read More