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Hi there,

Thank you for your query.
If your finances permit, I would always advise my clients to opt for a private condominium , in line with their preference and requirements so as to enhance the property portfolio. Do contact me for a further in depth discussion to run you over the entire spectrum of purchase and explain thoroughly the different residences types for you. Properties are plentiful - but what exactly to target is the dilemma.

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Dear sir/madam,

The main difference will be the restrictions imposed for purchasing a brand new EC, where there is a minimum occupation period to meet prior to encashing the asset if you are looking to do so. For private condo, you are able to do so anytime subjected to the applicable Seller's Stamp Duty rate. If you do not foresee yourself needing to liquidate this asset within the timeframe from TOP, I would definitely say that EC will be a wiser option as the outlay is typically lower than a private condo, with similar potential of capital appreciation after meeting the minimum occupation period.

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Regards,

Geryl LIM
Consultant - Director
Global Alliance Property (L3010679B) - Century 21
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Hi

You will not be eligible to buy as a single Singaporean, aged 35 a new EC. However, you are able to buy a Resale EC.

There is not much of a difference between the 2 products since the price is comparable.

Should you have any further question, you may write to gavin.ng@orangetee.com

Regards

Gavin Read More

Good day .

You alone cannot buy a subsidised new EC . However 2 unrelated singaporean above 35 years of age can together buy a new subsidised EC .

If you are comparing resale EC and resale condo , the differences are very litte , generally the resale EC is very slightly cheaper than other condo .

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

NO COMMISSION CHARGEABLE WHEN I SERVE PRIVATE PROPERTY BUYERS .

Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327  Read More