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Hi, for purchase of EC, you'll need to sell your HDB within 6 months after collecting your keys.

If your family income has exceeded 10k, you may want to consider buying a resale condo or new project. The advantage for buying resale condo is you can rent it out immediately. The rental can then be used to service your monthly installment. For new launches (even resale), it is to anticipate that the project will increase in value and sell at a profit eventually.

EC definitely have a good investment values, but I would recommend it only for those 1st timer or those who need a few more years before hitting the 10k income ceiling. And it is also good for those who is not planning to invest in 2nd property in the near future. Read More

Hi,

you can hold your flat only up to TOP +6months.

there are different checks depending on your employment status, you might be able to get an ec despite exceeding 10k cap.

e.g 12month average is taken for commission based income. if your income is 8k for the 1st half and 12k for the next half of the year, can still have a chance.

Please contact me at 98586078  for more specific information or visit www.punggol-ec.com for more information on eligibility.

Cheers,
Victor
ERA Read More

Hi,

you can hold your flat only up to TOP +6months.

there are different checks depending on your employment status, you might be able to get an ec despite exceeding 10k cap.

e.g 12month average is taken for commission based income. if your income is 8k for the 1st half and 12k for the next half of the year, can still have a chance.

Please contact me at 98586078  for more specific information or visit www.punggol-ec.com for more information on eligibility.

Cheers,
Victor
ERA Read More