The Executive Condominium (EC) Housing Scheme was introduced to provide an affordable option for Singaporeans who aspire to own private housing. I will try to share the answers to ten very common questions on Executive Condos here in this article. So that you can look and sound very smart in any new Executive Condo new launch showroom and asked the very important question like whether the marble flooring is from Italy or China etc and the brand of the home appliances which I usually have problems pronouncing.

First built in 1999, EC is an unique feature of Singapore public housing…


My all time common question from clients is “Can I use my CPF for Stamp Duty (or Survey fees or Agent’s fees etc)”. This is quite understandable as financing is a key question during home purchases.

I can personally understand that very well. I used my CPF to pay for almost everything relating to my own home purchases. It was a very personal decision.

As to whether it is better to use Cash or to use CPF to pay for the various fees involving a home purchases, it is a very highly debatable issue and it is your personal choice.


“All foreigners who buy properties in Singapore has to pay 20% Additional Buyers’ Stamp Duties”. True or false ? The topic of foreigners ABSD Singapore is really confusing and can be a very important knowledge in the real estate agents’ skill set to help foreigners to buy properties in Singapore. And like it or not, foreigners are buying lots of properties in Singapore.

And the above statement is false.

In my last blog post, we talked about what type of residential properties can foreigners buy in Singapore. But we did not talk about the financial impact of buying such properties…


Can Foreigners Buy Residential Property in Singapore ?

That is a popular question in real estate circle. We get this question of whether foreigners can buy residential property in Singapore very often. This is the case as interest rates remain low and political stability and social safety remains strong in Singapore.

The answer is YES but the devil is in the details of exactly what type of residential properties can a foreigner buy in Singapore ?

What is the definition of foreigners

To answer this question, let’s first define foreigners for this article. Foreigners in the context of this article are those who are NOT Singapore…


In the last article on MOP, we talked about MOP (minimum occupation period) for new BTOs and ECs. Today we are going to discuss SERS HDB MOP rules.

In other words, what are the MOP rules for HDB flats that are purchased directly from HDB under the SERS programme. SERS is Selective En bloc Redevelopment Scheme (SERS) which basically renews the older HDB housing estates such as Queenstown and Ang Mo Kio.

You can see the list of SERS projects here.

Benefits of SERS

A SERS resident will get the opportunity to move to a new HDB flat with a totally new 99-year…


Today I am going to talk about the HDB MOP Rules in a summary. This is after I received a few emails after my previous article on “ buying a HDB flat after selling a private property “, with many thanking me for the information and then proceeding to ask about the famous HDB MOP rules.

I am guessing HDB rules are really a pain for many owners and a good Property Agent needs to know these rules well too. I hope the following helps.

What are the HDB MOP Rules

Minimum Occupation Period (MOP) for a HDB flat is simple. Basically, you have to occupy…


Buying HDB after selling private property is a way for some elderly owners in Singapore to consider when closer to retirement age.

As you grow older, you might not actually need a condo with facilities such as a swimming pool or a gym or tennis courts. You might instead prefer a simple small place to stay and a smaller area to clean up.

In addition, you might want to monetise your profitable private property to generate some retirement funds. In many cases, due to the gap between a private property and a HDB flat, the funds might be quite substantial.


When you purchase a HDB resale flat, you can opt to obtain the HDB housing grants that the Singapore government will provide for you. This is subject to a few conditions including income limit of $14,000 (per couple as at Sep 2019).

This helps to reduce the amount of monies that a young couple need to buy their first BTO or resale flat. This really goes a long way in helping them to obtain their first flat. Which is very useful for them to start a family.

When the HDB Enhanced Housing Grant (EHG) was announced on 11th Sep 2019…


In May 2019, the government relaxed rules for older citizens looking to buy old HDB leasehold flats using more money from their CPF accounts. This was in response to the older HDB flat losing value due to the 99 years leasehold and how the original CPF rules make it difficult for older couples to buy them.

The details of the changes can be read here ( More Flexibility to Buy a Home for Life While Safeguarding Retirement Adequacy).

While the focus of the changes are very healthy from the point of view of a mature couple and the many good…


In Singapore, you can sign an exclusive real estate agreement with a real estate agent to sell your property. The exclusive agreement is signed when “an estate agent is exclusively authorised or engaged by a prospective seller to introduce a buyer of residential property in Singapore”.

The question is what happen when owner sold the property himself. Is he required to still pay the commission to his exclusive real estate agent ?

CEA Prescribed Estate Agency Agreements

CEA (Council of Real Estate Agencies) is a statutory board under the Ministry of National Development.. …

PatkoProperty

A real estate agent in Singapore. Sharing thoughts on the local real estate and property market. And maybe not just the real estate market too.

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