Background on the EC at Sumang Walk The tender exercise for the executive condominium (EC) site at Sumang Walk in Punggol attracts a whopping 17 bids, with the top bid submitted by renowned developers City Developments Limited (CDL) and TID Residential. The top bid...
Cooling measures (ABSD, TDSR & LTV) are here to stay for now, and decoupling is one of the methods for couples (or multiple owners) to reduce ABSD payable when buying their 2nd property. By decoupling, one party will take over the full ownership of the existing...
To work out the sales proceeds (or cash) you will receive from the sales of your HDB, you will need the following information: Estimated Sales Price of Your Property Outstanding Mortgage Loan Amount CPF Monies Utilised Property Agent Commission Legal Fees Mortgage...
Executive Condo (EC) or BTO? This question has been asked many times, and there are many other articles addressing this question. Instead of campaigning for one party based on commonly known attributes like facilities, the size of the bedrooms, etc., this article will...
In the earlier article, “Executive Condo (EC) or Private Condominium”, we raised a point that the owner of the EC, like the owner of a private condominium, can cash out from their EC without selling their home using a home equity loan. Since then, we have received...
