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I plan to buy a resale HDB Executive condo / mainsonette. I am a PR.
The article on Guru (http://www.propertyguru.com.sg/singapore-property-resources/singapore-buy-property-guides/eligibility/256) mentions that only families with income up to 12K SGD are eligible to buy such HDB's. Is this different for PR's on reslae market? Pls advise!
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3 Answers

Afternoon Christian,

The income ceiling is only applicable for buyers who are buying new EC or resale EM but taking CPF Housing Grant. If you are looking at resale market, using bank loan, such restrictions does not apply. However, you need to fulfill the basic requirements of family nucleus.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
ERA Read More
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Hi Christian, Executive Condo or EC is a Privatized condo (no different from other condos by private developers), there is no difference as you are buying from the resale market. The income ceiling only applies to purchases of newly developed ones that are sold before they are built.

An Executive Maisonette is not a condo, it is a type of maisonette flat that is built by HDB - it does not have boundary walls outside the tower block, security or facilities. You need to conform to HDB rules to purchase this - ie you need to form a family nucleus to make such a purchase.

Still confused? Contact me so that I may explain it clearly.

Making dreams come true, one home at a time,

Yian Tay
ERA Realty Network Pte Ltd
Mobile: 82884499 
Email: yiantay.era@gmail.com
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ 82798327  -

Why Should Sellers engage me? Contact me @ 82798327 

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