May 25, 2023

Once in a while, 99.co picks a piece of property jargon to explain it. Today we look at Executive Condos (ECs), and the appeal they hold to Singaporeans. What is an Executive Condominium (EC)? ECs are a form of sandwich-class housing – they’re built to cater to Singaporeans who bust the income ceiling to own…

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The 2023 Primary 1 Registration Exercise (for the 2024 intake) will happen in phases from 4 July to 31 October. This will be for children entering primary 1 in 2024.  For parents, living in a property near a primary school is a huge deal as it affects their child’s chances of getting a place in…

The post New launch condos, within 1km or 1-2km of popular primary schools, TOP-ing in 2024-2025 appeared first on .

In reply to <a href="https://www.99.co/singapore/insider/scenarios-disqualify-hdb-bto-first-timer-applicant-benefits/#comment-223382">Elaine</a>. Hi Elaine, if you bought an EC directly from a developer but you never applied for any grants, you will be considered a first-timer. You will be considered a 2nd-timer if you have bought a flat from HDB before, took a CPF Housing Grant to purchase public housing (such as DBSS, resale HDB, EC), enjoyed other subsidies (eg. SERS), or transferred a HDB flat bought directly from HDB or a HDB resale flat bought with a CPF Housing Grant before.

In reply to <a href="https://www.99.co/singapore/insider/scenarios-disqualify-hdb-bto-first-timer-applicant-benefits/#comment-227388">Gin</a>. Hi Gin, As you already have booked a BTO unit with you wife, you need to first serve the mandatory MOP (5 years or 10 years if it's PLH) before you can sell your unit and own another HDB flat. In this case, your parents cannot transfer their current HDB to you as that would mean you will own both a BTO unit (which isn't ready yet but is already booked) and a resale HDB flat.

Hi 99co, I have booked a BTO unit with my wife , is it possible for my parents to transfer their current HDB ownership to me months before key collection so that I can sell and pay the HDB loans for the BTO unit

Securing a home loan as a freelancer in Singapore can be tricky business. In 2022 there were an estimated 257,300 freelance residents. If you are one of them and are hoping to buy property and get a home loan, this guide is for you.