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I'm holding a HDB unit which be brought in Dec 2015 (resale). We did not use any grants and are considered as first time buyers. We are thinking of upgrading to EC and need your advise when is right time to start looking considering 5 years MOP and also the fact the new launch EC might need 3 years waiting. Please also sight cases where the income was a bit above the ceiling and HDB provided waiver for buying EC. Thanks
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4 Answers

YT Tan (陈永达)
Good morning Prasad,

You are eligible to apply for ECs that TOP after your MOP date because you didnt take up any housing grant.

To be eligible, both of you must be:

1) SC + SC/ SPR
2) first or second timer
3) combined income up to $14k

If your combined income is slightly above $14k, we can appeal in order to book an EC.

Hope my sharing is beneficial to your property needs.

May I know how can I value add further?

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  • PC
    Possible to have HDB transferred to my wife name and then apply EC on my name? Thanks
Hi Mr Prasad,

You could start scouting for an EC right after your MOP in 2020.
Perhaps you could stay in touch so that I can continually update you with market insights , and launches over the year so that you are well informed of the investory and pricing etc. Alternatively , have you otherwise considered private properties (condos)? If your finances permit, there are a couple of good buys that promise a strong yield and capital appreaciation for the scope of growth is exponential. Would you be interested in learning more to be able to consider a varied number of options? This will effectively optimise your time and eliminate the tedious process of you having to trawl through hundreds of listings in the future.

Where words do fall short, I would let me accolades and testimonials speak for my dedication and experience in this industry for the past 20 years. Please visit my website : www.kumarrai.com for all the up to date awards, testimonials and accolades. Thank you very much!

D Kumar
 +65 96659926 
ERA Associate Division Director
#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA 2015 Q1 Top Achievers (Top1%)
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P Group
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  • PC
    Possible to have HDB transferred to my wife name and then apply EC on my name? Thanks
Joanne Chia 谢诗琳
Good day Mr Prasad.

You can start looking or even commit to buy a new EC now if the TOP or completion date of the EC is AFTER your MOP . You do not have to wait for your hdb MOP to be over to buy a new EC that will TOP or complete few years later .

Kindly contact me joanne chia hp 8333 3327  for a no-obligations chat for your property needs.

NO COMMISSION CHARGEABLE WHEN I SERVE EC BUYER.

Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327  Read More
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  • PC
    Possible to have HDB transferred to my wife name and then apply EC on my name? Thanks
Joanne Chia 谢诗琳
Good day Mr Prasad.

You can start looking or even commit to buy a new EC now if the TOP or completion date of the EC is AFTER your MOP . You do not have to wait for your hdb MOP to be over to buy a new EC that will TOP or complete few years later .

Assuming your income Is slightly above 14k , there is a good chance that you can buy a new EC , yes there are many of such successful cases of income exceeding 14k buying new EC.

Kindly contact me joanne chia hp 8333 3327  for a no-obligations chat for your property needs.

NO COMMISSION CHARGEABLE WHEN I SERVE EC BUYER.

Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327  Read More
0
  • PC
    Possible to have HDB transferred to my wife name and then apply EC on my name? Thanks

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