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View Full Version : Executive Condo with no Resale Levy. Selling fast before units sold out.


clipper149
21-11-16, 14:48
Executive Condo Singapore
No Resale Levy.
Selling fast.
View with us.

https://goo.gl/6q6SKv

https://goo.gl/QQH1tN

See you soon.
Arcachon
21-11-16, 18:34
EC home owners can only sell their executive condo to Singaporeans and PRs after 5 years, and to foreigners after 10 years.

This is calculated from the date of Temporary Occupation Period (TOP) or Certificate of Statutory Completion (CSC), whichever is earlier. This is summarised below:

5 years from TOP: Eligible to sell to Singaporeans and PRs only
10 years from TOP: Eligible to sell to Singaporeans, PRs and foreigners. Considered fully privatised.

http://executivecondominiums.com.sg/rules-regulations-executive-condo/

Correct me if I am wrong.

Am I right to say if you buy EC on the 4th year 11th month and 30th day after TOP or CSC whichever is earlier, you have fulfilled the MOP thus can sell to Singaporeans and PRs on the next day.
Kelonguni
21-11-16, 18:46
Can but SSD of 16% should apply.


EC home owners can only sell their executive condo to Singaporeans and PRs after 5 years, and to foreigners after 10 years.

This is calculated from the date of Temporary Occupation Period (TOP) or Certificate of Statutory Completion (CSC), whichever is earlier. This is summarised below:

5 years from TOP: Eligible to sell to Singaporeans and PRs only
10 years from TOP: Eligible to sell to Singaporeans, PRs and foreigners. Considered fully privatised.

http://executivecondominiums.com.sg/rules-regulations-executive-condo/

Correct me if I am wrong.

Am I right to say if you buy EC on the 4th year 11th month and 30th day after TOP or CSC whichever is earlier, you have fulfilled the MOP thus can sell to Singaporeans and PRs on the next day.
Arcachon
21-11-16, 18:53
Can but SSD of 16% should apply.

If can made 30% then still ok.
Wimsey
22-11-16, 19:02
If can made 30% then still ok.

If buy from owner who bought from developer, then he would make the 30%, not you. So how to make 30%.

But if you mean buy from developer, by then won't have developer units left anyway. Almost all the ECs either sell out by TOP, or only a small handful of units left. And even if developer still has units left after 5 years from TOP, you are still bounded by the 5 year MOP, because it is counted from your date of purchase or the TOP date, whichever is later.
Arcachon
22-11-16, 19:05
If buy from owner who bought from developer, then he would make the 30%, not you. So how to make 30%.

But if you mean buy from developer, by then won't have developer units left anyway. Almost all the ECs either sell out by TOP, or only a small handful of units left. And even if developer still has units left after 5 years from TOP, you are still bounded by the 5 year MOP, because it is counted from your date of purchase or the TOP date, whichever is later.

"you are still bounded by the 5 year MOP, because it is counted from your date of purchase or the TOP date, whichever is later." can share who give this statement or where you see the quote.