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Good morning buyer,

Resale EC is considered by most as semi privatised after 5 years and fully privated after 10 years.

SC and SPR can purchase it after 5 years while foreigner can only do so after 10 years.

The only difference between SC and SPR purchase is that the application of stamp duties.

SC wont have to pay ABSD if its a first property purchase while SPR needs to pay 5% ABSD.

Hope my explanation helps!

May I know which EC are you looking at so I am in a better position to advise and assist you?

Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More

Hi

SC & SPR can buy an EC in the secondary market. No restriction.

SPR will need to pay ABSD.

If you have any further questions, you may email to gavin.ng@orangetee.com or call 9620 0827  .

Regards

Gavin Read More

Hi,

Yes both can only buy resale EC after the EC has touched 5 years. Only difference is the stamp duties payable. For SC its 3% for SPR its 8% (if purchasing as 1st property.)

Thanks and may I understand what kind of plans do you have? Hope to discuss your housing plans further and value-add.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
CEA Registration Number: R052114D
ERA Realty Network: L3002382K
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Dear Sir/Mdm,

Both Citizen and SPR may purchase a resale EC 5 years after the TOP. The only difference is the amount of stamp duties that is payable. If a Citizen and SPR purchase the property as their matrimonial home, they can apply for a remission of Additional Buyer Stamp Duty (ABSD). However, if the PR were to purchase it as the sole owner, he or she will be liable for the 5% ABSD.

I have assisted my clients to purchase resale ECs before and am happy to share with you some of the resale ECs with potential. Please feel free to contact me at 9644 4854  .

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nicktan@propertyavenue.com.sg
(W) www.nick-tan.com / www.propertyavenue.com.sg

Testimonial from Satisfied Clients (2015)

“Nick from Property Avenue has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.

We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)

“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer of HDB)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer of HDB)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”

Mr and Mrs Chan (Sold and Bought through Nick) Read More

Hi,

Re: Our Preferred Experienced SG Realtor

The only differences is the buyer stamp duties- SC VS SPR.

Call us now, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | CES Certified SG Realtor l SGRealtor.com
EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

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