4 Answers

askguru expert
Hi,

Thanks for writing to us on AskGuru.

If you are a Singaporean or permanent resident, you can buy a resale EC from the open market after the 5-year Minimum Occupation Period (MOP), from the 6th to 10th year. If you are a foreigner, you can buy an EC only after the 10th year.

Hope this answers your question.

Best Regards,
Team PropertyGuru
Taufik Hussein
Hi

Only a SIngaporean or PR can buy a resale ECs in it's 5th to 10th years. The ECs will be fully privatized after it's 10th years mark and will be able to be sold to foreigners just like any other private property. I do provide free and non obligatory consultation in regards to property transactions in Singapore. Do contact me at 93375051 for a discussion on this.

Regards
Taufik Hussein
ERA Realty Netwrok pte Ltd
Ng Teck Chuan
*less than 5 years old - singaporeans with family nucleus as per new EC
*5 years old / after MOP - addition of singapore PR
*10 years old - addition of foreigners

Feel free to contact me to discuss further.

Regards,
Teck Chuan
BBA (Finance), NUS
Marketing Director
ERA Realty Network Pte Ltd
Mobile: 91374602
Tan Pei Cheng
Hi,
Singaporean or permanent resident can buy a resale EC from the open market after the 5-year Minimum Occupation Period (MOP),
Feel free to contact me @ 97100155
Pei ERA