5 Answers

James Toh Wee Kiong
Hi

Regrettably, you are not eligible for a new EC as you need to dispose of your private property 30 months before buying a new EC.

You can buy resale EC on the open market that have meet the 5 year MOP. However, as this is your 2nd property, you are liable for 7% ABSD, on top of the usual BSD.

Contact me and it would be my pleasure to help you in your search for your purchase.

Regards
James Toh
868 54321
jamestohwk@era.com.sg Read More
0
Hi,

If you are purchasing new EC, you have to wait out a 30 month period after selling your private property before you can do so. There's quite a number of resale ECs available, but it may also be selling close to other private condo prices. May I know what are your objectives in doing so? Thanks and hope to assist with your purchase further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
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Hi,

You may purchase a brand new EC after observing the 30 months wait period. Otherwise, you may wish to purchase a resale EC. Perhaps you could furnish me with your requirements and budget so that I can conduct a comprehensive search to succinctly shortlist appropriate projects and unit layout in a given list for your consideration. This will be the best way to maximize your time by having a ready list of units itself to view plus be constantly updated on pricing and be represented at the negotiations and paperwork.

Furthermore, I could take this opportunity to share insights on the market, conduct a financial cash calculations and propose some options w high level of discounts to leverage on the weak market! To add, there is no agent fees involved, hence my service and consultation comes at no cost ; and you are assured of being walked by step by step on the entire procedural framework - from technical matters to financial, legal matters and beyond. A comprehensive sales report coupled with live up to date transaction caveats of chosen projects will be provided to validate the best possible deal. Look forward to your reply!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

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0
Hi Mr Chee!

As you're holding onto a private property, you are unable to buy a new EC now. To buy a new EC, you would've had to have disposed of your private property for 30 months.

Alternatively, you may purchase a resale EC which is 5 years or older. I'll be able to send you a list of the available resale ECs on the market.

Please do contact me with your requirements such as number of bedrooms required, location, budget and I will shortlist the suitable resale ECs available and send you the list.

Thanks and look forward to hearing from you soon.

Bhavina
Senior Marketing Manager
ERA Realty

M: +65 91708295 
E: bhavina7777@gmail.com
W: investbuysellrent.com Read More
0
  • CL
    Hi, I am just starting to look around for a 2-room condo to stay in. I like it to be within walking distance to a MRT station. Preferably at near edge of city.
    I understand that ECs are not much cheaper than private condos. So, what the good choices?
GAN ENG JOO ONASSIS
Hi Mr Chee,

You can count on us for your next property purchase. Feel free to contact me to discuss further :)

Onassis Gan Eng Joo - CEA Reg No.: R021244C
CES Certified SG Realtor l SGRealtor.com
agent.myweb.sg (PropertyGuru) / agent.irealtor.sg (iProperty)

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