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Applicants Household Position

You, as an applicant, together with the registered key (essential) household members stated in the application for the flat cannot:

  • Be the owner(s) of a flat purchased directly from HDB
  • Dispose of a flat that was bought directly from HDB, Executive Condo or a DBSS from a private developer
  • Applied and benefited the CPF (First Timer) Housing Grant for purchasing of an HDB resale flat
  • Took any form of aided home subsidy (eg. benefitted under the SERS (Selective Enbloc Redevelopment Scheme or privatised of former HUDC flat)

You, as an applicant, or the registered key (essential) household members stated in the application have disposed of/ owned or present owners of:

  • Any new flat purchased from HDB directly, or
  • Any open market resale flat purchased with CPF (First Timer) Housing Grant Scheme, or
  • A flat from DBSS or an Executive Condo purchased from a private developer, or
  • Took any other form of aided home subsidy (eg. enjoyed the benefits under SERS (Selective Enbloc Redevelopment Scheme, privatised former HUDC flat)

Resale Levy

Second-time Applicants who applied and purchased this EC, has a claw-back of the previous subsidy enjoyed previously in the form of a resale (penalty) levy

Are you, as an applicant with your spouse or any other of the essential occupiers stated in the application an ex-owner or existing owner of:

  • Flat purchased from HDB directly
  • DBSS flat purchased directly through a private developer
  • A resale flat purchased with CPF (First Timer) Housing Grant Scheme

Any of the above-mentioned points are identified, you are able to apply to purchase an EC, provided that the 5 years (MOP) Minimum Occupation Period, less of duration for subletting of the entire flat has fulfilled from the initial date* of collection of the key to the flat to the date of application for a new EC

* The initial date of taking the key of the flat based on the following dates (whichever is relevant)

  • The date to the collection of the key to the flats that purchased from HDB directly
  • The date of the resale final completion of flats purchased in the open market with CPF (First Timer) Housing Grant
  • The date of the transfer of the flat at current market worth price purchased with CPF Housing Grant
  • The date of taking possession for Executive Condo/ Developer’s New DBSS flats purchased

If you, as an applicant, together with anyone listed or spouse as a registered key (essential) occupiers is the previous owner of an Executive Condo purchased previously through the developer directly?  If positive, you are required to fulfil the 5 years minimum occupation period from the initial date of key collection to the previous Executive Condo

30 Months Duration

You are needed to hold on for 2.5 years or 30 month duration wait from the effective completion date of sale of the unit (eg. the legal completion date of the sale of your Executive Condo, supported by the Notice of Strata Deed Transfer or any other documentary proof as the authority HDB needs) of the EC before you can register to purchase another Executive Condo direct from the builder (developer)

You, as an applicant or anyone, stated in the application cannot be included as a registered key (essential) occupier of:

  • A current flat purchased from HDB directly
  • A flat purchased through DBSS with the CPF (First Timer) Housing Grant Scheme
  • A flat purchased in the open market with the CPF (First Timer) Housing Grant Scheme

If the essential occupier can apply or be included in an EC application if only he/she has stayed in the current flat for 5 yrs from the date* of key possession of the current flat to the EC application date

* The initial date of taking the key of the flat based on the following dates (whichever is relevant)

  • The date to the collection of the key for flats that are purchased from HDB directly
  • The date of the resale completion for resale flats purchased in the open market with CPF (First Timer) Housing Grant
  • The date of the transfer of the flat at market value purchased with CPF (First Timer) Housing Grant
  • The date of taking possession for EC/ DBSS flats purchased from the developer

Divorcees can purchase an Executive Condo under the “public scheme” with children under the sole legal custody, care and control and do not need to wait for the previous three years from the date of divorce

An individual who purchased a flat through DBSS with CPF (First Timer) Housing Grant and discontinues the S&P (Sale and Purchase Agreement)P can apply to purchase an EC.

This is permitted with the condition of a 5-year duration has fulfilled from the completion date of the S&P Agreement prior to their DBSS or EC unit to the new application date of the EC

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