Asked by Jessica Pang
What is the difference between buying an executive codo and a prive condo?
1279 views
2 Answers
Hi,
there are condition when buying buying executive condominium as they are under HDB's regulations.
Firstly, you cannot own existing private property, cannot have more than 10k monthly household income , cannot dispose of private property within the last 30 months.
In addition, you must have sc/sc or sc/spr with family nucleus.
there are other difference in terms of MOP, financing. EC tends to have more competitive pricing due to these regulations.
there are many new EC launches this year and will continue to increase next year due to high demand, one of such ec is the ESPARINA which had 60% soldout on the launch day and PRIVE which is launching soon. Feel free to message me should you need more information
www.punggol-ec.com should give you a better idea.
Cheer,
Victor
ERA Read More
there are condition when buying buying executive condominium as they are under HDB's regulations.
Firstly, you cannot own existing private property, cannot have more than 10k monthly household income , cannot dispose of private property within the last 30 months.
In addition, you must have sc/sc or sc/spr with family nucleus.
there are other difference in terms of MOP, financing. EC tends to have more competitive pricing due to these regulations.
there are many new EC launches this year and will continue to increase next year due to high demand, one of such ec is the ESPARINA which had 60% soldout on the launch day and PRIVE which is launching soon. Feel free to message me should you need more information
www.punggol-ec.com should give you a better idea.
Cheer,
Victor
ERA Read More
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As your dedicated real estate agent, I bring more than just industry expertise to the table; I bring a commitment to excellence and a passion for delivering results that exceed expectations. With a deep understanding of the market dynamics, I tailor my approach to suit your unique needs, ensuring a seamless and stress-free experience from start to finish.
Let’s start your journey to your dream home today!
Call or text for a non-obligatory consultation discussion to know more.
Best Regards,
John Lai
“Right Believing, Right Living”
PropNex Associate Director
(M): 8444-0899
Email: johnlaiproperty@gmail.com
Self introductory video - https://youtu.be/yygkGSG4Mtw
Social Media -
FB: facebook.com/johnlaiproperty
IG: @johnlaiproperty
Tiktok: @johnlaiproperty
YouTube: @johnlaiproperty Read More
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