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Thread: EC

  1. #1
    Join Date
    May 2020
    Posts
    1

    Default EC

    Is it worth to buy EC as so many red tape eg the 10 years policy then can sell to foreigners.

  2. #2
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,531

    Default Re: EC

    Depends on the individual, not all can buy, and those who can buy not all benefit from buying EC.

    Before buying property need to know your position first.
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  3. #3
    Join Date
    May 2020
    Posts
    17

    Default Re: EC

    Quote Originally Posted by SERENETEE99 View Post
    Is it worth to buy EC as so many red tape eg the 10 years policy then can sell to foreigners.
    In my opinion, EC new launch is over priced.

  4. #4
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,531

    Default Re: EC

    Agree, I bought New Launch in 2006 and many say I crazy to buy at that price.
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  5. #5
    Join Date
    May 2020
    Posts
    88

    Default Re: EC

    Invest early enter at the right time and exist. Jackpot!!!!! $$$$$ nowadays seem a bit tougher to earn in property market!!!

  6. #6
    Join Date
    Apr 2009
    Posts
    335

    Default Re: EC

    Quote Originally Posted by Mary Tan View Post
    Invest early enter at the right time and exist. Jackpot!!!!! $$$$$ nowadays seem a bit tougher to earn in property market!!!
    LOL so easy hor....

    My name Kwek LB already

  7. #7
    Join Date
    May 2020
    Posts
    13

    Default Re: EC

    ec price is at subsidized rate as compared to private condo launch within the same area. it is deem as price lower by 20% as told by my agent friend

  8. #8
    Join Date
    May 2020
    Posts
    82

    Default Re: EC

    EC just for those mid income who cannot afford to buy private condo!!!!!

  9. #9
    Join Date
    May 2020
    Posts
    23

    Default Re: EC

    Quote Originally Posted by Majed View Post
    EC just for those mid income who cannot afford to buy private condo!!!!!
    yes that's true! only for those household earn lower than 14k!

  10. #10
    Join Date
    May 2020
    Posts
    29

    Default Re: EC

    The locations of recent EC launches are mostly in Sengkang/Punggol area, not so ideal

  11. #11
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,531

    Default Re: EC

    Was 14K.

    income ceiling

    Your household income must not exceed ^$16,000 income ceiling.

    https://www.hdb.gov.sg/cs/infoweb/re...e-condominiums

    Your average gross monthly household income must not exceed ^$16,000.

    ^Applicable for Option to Purchase granted by the property developer on or after 11 September 2019. For Option to Purchase granted before 11 September 2019, income ceiling is $14,000
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  12. #12
    Join Date
    May 2020
    Posts
    88

    Default Re: EC

    Let's see this period as opportunities rather than crisis !!!! Stay safe at home! :P P

  13. #13
    Join Date
    May 2020
    Posts
    31

    Default Re: EC

    yes buy EC, only for the privileged, once an agent told me!

  14. #14
    Join Date
    May 2020
    Posts
    82

    Default Re: EC

    Go buy ba!

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