AskGuru Q&A Community

Hi, yes you can purchase a resale EC irregardless of the number of years of your PR status. The 3 years PR status ruling only applies to buying of HDB and not resale EC. I have brought a number of PR buyers to La Casa Condo at Woodlands area as this EC has just reached its MOP. Regards Aaron 97308455  aaronchong2774@yahoo.com.sg Read More

Hi Sir, yes you may purchase EC that has obtained MOP. We call these types of EC resale EC. The new PR rulings does not affect such ECs as rules governing it works just about the same as private properties. Do take note that as PR buyers for 1st property you have to pay 5% ABSD on top of the normal buyer stamp duty. Do engage an agent to work through financial calculations with you first before your purchase since agency fees are not required for such purchases. There's a number of good resale ECs in the market. Do let me know if I can have the honour to extend my services to you. You can call/email me for a no obligation discussion anytime too. :) I will provide you a list of resale ECs to choose from. Thanks for reading. Carel Yong, Propnex. Assoc. Team Director. 92273334  . Carelyong@gmail.com Read More

Dear sir, The Premier@Tampines is not an EC for your information. It is the first batch of DBSS HDB that has just MOP which can be put in resale market and unfortunately you are ineligible to purchase this project. What are the financial planning you have for this purchase? I can activate my resale team for condo active in Tampines/Pasir Ris/Bedok to assist you. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565 Email:  https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance -www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** We have successfully concluded our Landed Homes Sales Exhibition on 22/23 February 2014. Huge thanks to our clients, we managed 3 transactions and 5 listings, registering more than 100 guests for the event.  If you are looking to buy a landed home or looking for a landed home buyer, we have the solutions for you. Royal Wharf, London.  A new prime waterfront township in central London awaits your attention.  An excellent opportunity for investment in an ideal location on the River Thames in central London.  Register your interest as soon as possible for your exclusive invitation to our exclusive event. https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Interested in other international projects?  We have MORE opportunities for you.  From neighbouring Malaysia to Philippines, Australia, France and US, we have these great opportunities for your investment.  Call us to find out MORE! Read More

For SPR, ABSD is applicable for your first home purchase. You maybe eligible to loan up to 80% for the first purchase of which 5% minimum will be the cash outlay while balance 15% can be paid using CPF/cash. Speak to a banker if you have not plan out financially for this purchase. If you need a banker to speak to,do contact me and let me know which bank do you prefer to work with. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565 Email:  https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance -www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** We have successfully concluded our Landed Homes Sales Exhibition on 22/23 February 2014. Huge thanks to our clients, we managed 3 transactions and 5 listings, registering more than 100 guests for the event.  If you are looking to buy a landed home or looking for a landed home buyer, we have the solutions for you. Royal Wharf, London.  A new prime waterfront township in central London awaits your attention.  An excellent opportunity for investment in an ideal location on the River Thames in central London.  Register your interest as soon as possible for your exclusive invitation to our exclusive event. https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Interested in other international projects?  We have MORE opportunities for you.  From neighbouring Malaysia to Philippines, Australia, France and US, we have these great opportunities for your investment.  Call us to find out MORE! Read More

Good evening, Premiere @ Tampines is a resale DBSS thus it still considered as HDB. Unless both of you are SPRs for 3 years respectively, if not you won't be eligible to purchase. If you are looking at resale ECs in the East, you can focus in Whitewater and Esparis. Both of them are around 8 to 9 years old. There are quite a number of high floor units in Whitewater which I will be gladly assist you with the viewing arrangement. As for the financing wise, I can ask my banker to advise you on your in principle approval so you can gauge how much you can loan (80%). If provided you can obtain 80% bank loan, downpayment will be 20% (5% cash and 15% CPF or cash if shortfall. Other outlay will be estimated 3% buyer's stamp duty, $3k legal fee, valuation fee, stamp duty for mortgage etc. Do take note that you will be subject to additional buyer's stamp duty of 5% if both of you are SPR. 15% ABSD if you are purchasing it with a foreigner wife (higher of 5% or 15% (as a foreigner)). If you need any clarifications or still have doubts, feel free to contact me via mobile/ whatsapp/ we chat or email. Cheers! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More