No price

EC without resale levy Marine Parade

  Condominium   (Item ID: 21919)

What Is Resale Levy?

 

You have to pay up the Resale Levy on your acquisition of your subsequent home when you have already acquired a new Executive Condominium (EC), obtained a CPF Housing subsidy for resale flat or when you have bought brand-new HBD Flat directly through HBD (DBSS, BTO etc.). EC without resale levy keeps up equilibrium of subsidies for those who are first time purchasers of HBD public housing properties as against to those second time purchasers by lowered total of the subsidy.

 

When is Resale Levy Payable? 

 

Resale levy is payable when you:

 

* Purchase your first flat straight from HBD or if you are able to obtain a grant from CPF Housing, then sold it after getting the Minimum Occupation Period (MOP)

* Buy a new flat from HBD that is already subsidised. 

* Buy an Executive Condominium straight from the developer where its land sale falls on or after 9 December 2013. 

 

When is Resale Levy NOT Payable?

 

Resale Levey is non collectible when you:

 

* Acquire a private property

* Avail an HBD resale flat

* Obtain DBSS flat straight from developer

* Acquire an Executive Condominium which land sale was set up before 9 December 2013. 

 

What is the Resale Levy amount? 

 

The Resale Levy will be arranged in accordance to the 90% of the market valuation or resale price, whichever is higher. 

 

First Subsidised Flat Resale Household Single Grant Recipients

2 rooms               10 or 15%                       5 or 7.5%

3 rooms               20%                                   10%

4 rooms               22.5%                       11.25%

5 rooms               25%                                   12.50%

Executive               25%                               12.50%

 

* For 2 bedrooms flat owners who upgrades to a bigger unit. 

 

For details, see https://www.propertyreview.sg/executive-condominium-ec-without-resale-levy/

 

 

 


 Published date:

15/02/2016 12:20 pm

 Expiration date:

31/12/9999

 Region:

Central SG

 City:

Marine Parade





Details

TypeFor sale
StatusGood condition


Safety Tips

  • Avoid scams by asking for more details from the advertiser if needed, then verifying them afterwards (using Google, etc)
  • Transact face-to-face (cash on delivery) whenever possible to see the actual product before paying
  • Never pay via Western Union, Moneygram or other anonymous (no recipient account) payment services
  • Don't buy or sell outside of your country. Don't accept cashier cheques from outside your country
  • Avoid doing financial transactions online (online banking, PayPal/credit card payments, etc) while using public computers or networks (internet shops, airport, etc)
  • This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"
  • Click here for more safety tips
Do you think this ad is a fraud, spam or violates Claseek terms and conditions? Please report it to us, we would appreciate your feedback.
Note: Claseek.com is NOT associated in any way with the advertiser and the ad advertised here. All items are posted entirely independent from this site, therefore your vigilance is absolutely necessary.






Contact publisher

You must log in or register a new account in order to contact the publisher

 




Claseek™ Singapore is a FREE online classifieds portal. You can buy, sell, trade, rent, deal, find and advertise almost anything here. We are one of the leading local classifieds for Real Estate, Electronics, Fashion, Vehicles, Services, Travel, Money, Jobs and more. Properties section is dedicated for buying, selling and renting Apartment, Condominium, Landed House, Land, Commercial space, Parking space, Room, etc. or finding a local Property agent. You may indicate the number of bedrooms, bathrooms, area, construction year, etc. Buy from agents, owners or developers.

Keywords: EC without resale levy Marine Parade - Claseek™ Singapore; What Is Resale Levy?   You have to pay up the Resale Levy on your acquisition of your subsequent home when you have already acquired a new Executive Condom..., Properties, ec, without, resale, levy, you, have, pay, up, acquisition, subsequent, home, already, acquired, new, executive, condominium, obtained, cpf, housing, subsidy, flat, bought, brandnew, hbd, directly