That ONE Thing You Should Know Before Making A Big Mistake When Buying An EC… Especially when you are a HDB upgrader, or a first time buyer looking for a new home. Many potential buyers are attracted to the lower entry prices ($psf) of Executive Condominiums (EC), which makes an EC a popular choice for a home. This makes a lot of sense… Buying a home that’s cheaper than a private condo – and having full condo facilities – might seem like a huge bargain for any house hunter
Did you know? You could be “rewarded with free money” when you sell your flat? Recently, Housing Development Board (HDB) clarified that your CPF housing grants would be returned to your CPF accounts (plus accrued interests) when you sell your flat. That busted any myth saying that you must give the grants back to the government. No. To be exact, when your new or resale flat is subsequently sold, the first $60,000 of the housing grants will be credited to your CPF Ordinary Acc
