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Hi Property Gurus,
In my other question regards to MOP for HDB. I understand it will be better to buy after MOP.
I am planning to buy a EC after my MOP is up provided there is still vacant units.
However, my financial situation is such, I am self employed and got names in ACRA for 2 business. However starting somewhere last year Mid month, my income is starting to drop within the income ceiling of EC? My question is am I able to buy a EC as long as me and my wife income is within the EC Ceiling? Despite me self employed and having names in the 2 business?
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4 Answers

Hi Simon,

May I know when is your MOP going to complete and which project are you considering? For self-employed, to assess eligibility for income ceiling, hdb will use the NOA that you file for the latest year and do their assessment. Thanks and may I have more details so to make better recommendations and value-add to your plans further?

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

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Hi Lets discuss in details on the requirement for EC income ceiling for your case and also which project are you looking at?
Feel free to reach me via 91442664  for a detailed chat
Tricia Tan
 91442664  Read More
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Hi Simon,

You will be eligible as long as your combined income with your wife based on IRAS record falls within the $14,000 income requirement.

In the event that you do not qualify, you may submit an appeal to HDB as well. I have just successfully assisted my client to appeal to HDB to purchase an EC,

Please feel free to contact me so that I can understand your situation better and provide you with more assistance.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2015/2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
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“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
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We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
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GAN ENG JOO ONASSIS
Hi Simon,

Re: Our Preferred SG Professional- Agent.myweb.sg & Agent.irealtor.sg

When will be your MOP? , and which EC you are keen to explore now :)

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.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 | SG Professional l SGRealtor.com & SGAgent.com
EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
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