Asked by
I am single, aged 26 and I am looking for Executive Condo (3 Bedrooms). My parents do not wish to sell their current HDB for the EC. As I do note that I will not be able to purchase new EC, do I have to find EC with above 5 years of TOP? Cash: 80k CPF: 100k Able to afford? Budget: 600k
0
678 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

3 Answers

Edvan Lee CK 李钊昆
Yes you can afford. However based on your current situation, you are not eligible. From the way I look at it, there's only 2 options: a) get married and buy together with your spouse. b) convince your parents.

If you would like to have a more objective discussion, let's meet up for coffee. I am reachable at 8424 1222  . Happy journeying!

Sincerely,
Edvan Read More
0
Hi,

For resale EC that just touch 5 years, there isnt any unit for sale at 600k as most are larger sized units. (ECs are built with families in mind). At your preferred price range of 600k, you are looking more at 1 bedroom private property options. You might want to adjust your price range.

There can't be workaround since your parents do not wish to include their names for family nucleus for new EC application.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

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/clientreviews
(Client's Testimonials) Read More
0
Robbie Chen Chee Howe
Hi,

May I know what's your objectives for the purchase? Is it for your own stay? Or for investment purposes?

If it is for investment purposes, do take note that you cannot rent out the entire unit until you have served the 5-years MOP period. You may want to look at private properties in this case.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions