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EXECUTIVE CONDO

ELIGIBILITY CHECKLIST

ec eligibility

 EC eligibility

These are the questions that you have to ask yourself to determine whether you are eligible to purchase an Executive Condominium (EC) or not. Please spend some time to review each question and answer to the best of your knowledge.

Q1. Are you a Singaporean Citizen (SC) or Singapore Permanent Resident (SPR)?
(A) YES – Your family nucleus has 2SC or 1SC 1SPR
(B) NO – You are not eligible to purchase EC

Q2. What is your total household gross income?
(A) Less than S$12,000 – Proceed to Q3
(B) More than S$12,000 – You are not eligible to purchase EC

Q3. Have you bought directly from HDB more than once or taken any grant from HDB?
(A) NO – Proceed to Q4
(B) YES – Bought twice from HDB or Taken grant and bought once from HDB

Q4. Do you currently own any private properties?
(A) NO – Proceed to Q5
(B) YES – You are not eligible to purchase EC

Q5. If you had previously owned any private properties, did you sell your private properties within the last 30 months?
(A) NO – Proceed to Q6
(B) YES – You are not eligible to purchase EC

You are eligible to purchase an EC only if you have answered (A) to all five questions above. You will not be eligible if you had answered (B) for any of these five questions. Please contact me to confirm your eligibility casino gaming if you are unable to answer any of these questions. I will be glad to help you confirm your status.

Q6. Which scheme will you be using to purchase the EC?
(A) Public (family) scheme (min 1 SC 1 SPR)
(B) Fiance/Fiancee scheme (min 1 SC 1 SPR)
(C) Orphan scheme (min 1 SC 1 SPR)
(D) Joint Singles scheme (both must be SC)

Note: Take note of the citizenship criterias listed in all four options above.

 

DOCUMENTS CHECKLIST (FOR QUALIFIED BUYERS)

(1) Proof of Identity/Citizenship

  • Singapore Citizen (SC) – Pink Identity card.  
  • Employed by SAF/Civil Defence/Police Force – Certified true copy of Pink/Blue Identity card.  
  • Singapore Permanent Resident (SPR) – Blue Identity card.  
  • SPR who has just obtained citizenship – Pink collection slip issued by ICA.  

(2) Proof of Relationship and Marital Status

(A) Public Scheme

Applicant; spouse, children, parents (if any); and siblings (if any):

  • Marriage certificate(s)  
  • Birth certificate(s)  

Applicant (divorced); children (if any) and parents (if any):

  • Final judgement  
  • Order of court/custody documents (children under legal custody, care and control)  
  • Legal adoption papers  
  • Birth certificate(s)  

Applicant (widowed); children (if any) and parents (if any):

  • Marriage certificate  
  • Death certificate of spouse  
  • Birth certificate(s)  

NOTE ON DIVORCED APPLICATIONS

Divorce Cases
(1)Amendments:

We would like to inform you that  With effect from 8 Mar 2013, the time bar imposed on a divorced couple has been reduced from five years to three years, within which if one party has a subsidized flat, the other party will not be allowed to apply or retain another subsidized flat. The reduction in time bar from five years to three years is to strike a balance between deterrence of abuse where married couples deliberately break up and split the custody, care and control of their children in order to own two subsidized flats and helping divorcees and their children. This is applicable to DBSS/EC buyers who are issued Option to Purchase (OTP) on or after 8 Mar 2013.


(2)Conditions:

The requirement to seek ex-spouse's consent during the three-year period from the date of divorce is waived for DBSS/EC applications if the buyer is able to meet all of the following conditions:-

(i) All of the buyer's children are below 18 years old at the date of divorce; and

(ii) The buyer has the legal custody of all of his/her children and is the only parent with the care and control of all his/her children.

(3)Required Documents :

For those case , you are required  to check that the divorced buyers have met the conditions before waiving the requirement to seek their ex-spouse's consent.
Please brief your marketing executives accordingly. We will counter check your DBSS/EC applications as to whether they are processed correctly. For buyers who have declared in their applications that they are divorced, please collate the following documents (and ensure that the EC/DBSS application packages submitted to us are complete) for our counter-checking:

(i) Photocopy of the complete set of the applicant's divorce documents;

(ii) Photocopy of all the applicant's children's birth certificates; and

(iii) Divorced applicant's SD ((See attached file: Divorced Applicant SD.doc))


If the applicants are subsequently found to be not eligible to buy the flat or the requirement to seek the ex-spouse's consent during the three-year period from divorce cannot be waived, please inform your buyers about the outcome and also manage your buyers expectation at your end.


(4)Clause on T&C:

EC Terms and Conditions (T&Cs) to reflect the 3-year period. Below is the amended clause (with amendments in purple) for your easy reference.

EC’s T&Cs (Clause 2.8 (b))

A person who is divorced and his/her ex-spouse is an existing owner of (i) a flat bought directly from HDB, (ii) a DBSS flat or EC unit bought directly from developer, or (iii) a resale flat bought under the CPF Housing Grant Scheme, may apply to buy an EC unit or be listed as an occupier if more than 3 years have lapsed from the date the divorce is finalized to the date of the application for purchase of an EC unit. The divorced person may however, apply with his/her parents or new spouse or be listed as an occupier in their application to buy an EC unit within the 3-year period.
We wish to highlight that these documents reflect the current policies/procedures .

(B) Fiance/Fiancee Scheme

Applicant and fiance/fiance

  • Consent to marriage of a minor (above 18 and below 21 years old)  
  • Marriage certificate  

(C) Orphan Scheme

Applicant and unmarried sibling(s)

  • Birth certificate(s)  
  • Parents’ Death Certificates and marriage certificate  

(D) Joint Singles Scheme

Applicant and any other single person

  • Both MUST be Singapore Citizen (SC)  
  • Both MUST be at least 35 years old  

(3) Proof of Income

(A) Employed person (full time with fixed income)

  • Latest 3 months’ original pay slips (i.e. pay slips issued for the month of application and preceding 2 months); or  
  • Income letter from employer (which must bear either the company letterhead or stamp plus name and designation of the signatory) indicating that the applicant has been employed and at least 3 months’ gross monthly income (i.e. gross monthly income for the month of application and preceding 2 months) of the employed person.  

(B) Self employed person

  • Latest 12 months’ salary based on Notice of Assessment (NOA); or  
  • Statement of annual accounts certified by an audit form to confirm income for the past 12 months; AND  
  • Valid Accounting & Corporate Regulatory Authority (ACRA) computer information (business profile)/valid license of business/trade; AND  
  • Statutory declaration* to declare the average monthly income for the past 12 months.  

(*Statutory declaration may be executed at the sales office at HDB Hub or at any HDB branch office on or after the booking date.)

(C) Commission based person

  • Latest 12 months’ commission/pay slips (as at date of application); or  
  • Letter from employer (which must bear either the company letterhead or stamp plus name and designation of the signatory) indicating past 12 months?commission as at date of application and Notice of Assessment (NOA) from IRAS (if applicable).  

(D) Part-time worker

  • Latest 12 months’ pay slips; or  
  • Recent letter from employer (which must bear either the company letterhead or stamp plus name and designation of the signatory) indicating that the person has been employed and his/her past 12 months salary as at date of application.  

(E) Odd-job worker

  • Latest salary for 12 months based on latest and previous years?Notice of Assessment (NOA) from IRAS; or  
  • Recent letter from employer (which must bear either the company letterhead or stamp plus name and designation of the signatory) indicating salaries for the last 12 months.  

(F) Unemployed person

  • Statutory Declaration* to declare the period of unemployment with no income; or  
  • Copy of Student Pass or letter from school/college/institute of learning for persons who are 18 years old and above to confirm student status.  
  • If the applicant(s)/occupier(s) is/are unemployed for fewer than 3 months, the applicant(s)/occupier(s) must submit income proof from past employer/trade.  

(*Statutory declaration may be executed at the sales office at HDB Hub or at any HDB branch office on or after the booking date.)

 

 

1. Main applicant must be a  Singapore Citizenand  above 21 years old. Co-applicant can be a Singapore Citizenor  Singapore Permanent Resident
2. Both applicants must be either  First Timer or Second Timer(Existing Owner/Ex-Owner of HDB Flat)
3. Applicants must form a  valid family nucleusto buy the  ECunder one of the HDB’s eligibility schemes: Public / Fiance & Fiancee / Orphan / Joint Singles (min 35 yrs old)
4. Applicants combined household gross monthly income  must not exceed S$12,000
5. Applicants and occupiers listed in the application form  must not own or disposeof any private propertywithin 30 months before the date of application and between the application date and the date of taking possession of the  EC
6. Applicants and occupiers have not bought two housing units before:  

 

  • a flat directly from HDB  
  • resale flat with CPF Housing Grant (this is only applicable for 1st time applicants)  
  • DBSS flat from developer  
  • an Executive Condominium unit from developer  
7. Second-timer applicants who are Existing Owner or Ex-Owner (a flat, resale flat with CPF Housing Grant, DBSS flat from developer) must meet the  5-year Minimum Occupation Period(excluding any period of subletting of whole flat) before application of a new EC


ONCE YOU ARE SURE YOU ARE ELIGIBLE FOR EC , YOU MAY START THE E APPLICATION HERE!

FOR MORE INFORMATION ON CPF HOUSING GRANTS AND CONDITIONS AFTER PURCHASING AN EC CLICK HERE!

 

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