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Hi James,

Our reply to your queries below:

Qn1 : if we buy EC now, can we still buy private property in SG or Malaysia in next 5 years?

Ans1: You may buy a private property in Singapore or Malaysia 5 yrs from key collection / TOP.

Qn2: We currently own a resale HDB, do we have to pay 7% property tax as a first timer?

Ans1: I believe the property tax you are referring to is the Additional Buyers Stamp Duty (ABSD). No, you do not have to pay the ABSD of 7% to purchase a new EC as ECs are not affected by ABSD ruling and furthermore, you would have to sign a form to consent to the sale of your present HDB prior to taking possession of your new EC upon TOP.

Thank you

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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7 - Whatsapp / Call / SMS

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