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Demand for EC cools

Part 7: Why should you invest in EC if you are eligible for it!

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Points worth considering when you intend to buy Executive Condos: If you do not own any properties at the point of reading, you will be wondering what is the big woo-ha when comes to purchasing Executive Condos. Some reading material to assist you should Executive Condos Be your 1st property. First of all, purchasing ECs comes […]

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Part 3 OF EC GUIDE: Application Procedures and Cancellation

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Section 3: Application Procedures and Cancellation What is the application procedure?  What are the cancellation fees?  If you give up the unit before you execute the Sales & Purchase Agreement( S&P), there will be a forfeiture of 25% off the booking fee as provided in the Option To Purchase. (OTP). However, if you have exercise the […]

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Part 2 OF EC GUIDE: Eligibility to buy EC

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Section 2: Eligibility to buy an EC Who is eligible to buy an EC? Eligibility is to subject to citizenship, family nucleus, most importantly the gross monthly income must not exceed $12,000.  Prospective buyers must not own any private residential properties or overseas properties  at the time of application. If you have dispose your private properties, you need to wait […]

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