New Launch EC Eligibility Conditions
New Launch EC Eligibility Conditions can be quite complicated. Why is that so?
More and more people are checking out on New Launch EC, as they offer very competitive and attractive pricing (at about 20-30% lower compared to the nearby New Launch Private Condo), which could generate potential higher capital appreciation and a higher return on investment. To make sure a fair housing system established, ultra-careful New Launch EC eligibility conditions is inevitable.
If you are considering of investing EC developments in Singapore, you are advised to check whether you meet the various EC Eligibility Conditions even before you start looking around.
For your easy reference and eligibility check, we have listed down some of the basic New Launch EC eligibility conditions. There are many different scenarios and case-by-case situations. You might want to give us a call at +65 9004 6396 for the quickest reply.
Citizenship | Who Can Buy New Launch EC in Singapore?
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Family Nucleus | Public Scheme
Fiancé/Fiancée Scheme
Orphans Scheme
Joint Singles Scheme
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Age |
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Monthly Household Income | EC Income Ceiling Cap / Income Requirements
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Private Properties |
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HDB, DBSS, EC |
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- You, your spouse or an essential occupier have not yet met a current flat’s Minimum Occupation Period (MOP) of 5 years.
- You, your spouse or an essential occupier have not yet reached a current EC’s Minimum Occupation Period (MOP) of 5 years + 30 months from the date of EC disposal.
- For a divorce case
- You must wait out three years from the date of divorce is finalised. If your ex-spouse is an existing owner of
- a flat bought from HDB, or
- a DBSS flat or EC unit bought from Developer, or
- an HDB resale flat bought under the CPF Housing Grant Scheme.
- Waiver of the requirement to seek ex-spouse’s consent during the three years
- if you apply the new EC with your parents, or
- if you are buying the EC with a new spouse, or
- if you list yourself as an occupier in the application to purchase an EC unit, or
- if you have the legal custody, care and control of all the children (below the age of 18).
- You must wait out three years from the date of divorce is finalised. If your ex-spouse is an existing owner of
- If you had previously booked a new HDB flat, but subsequently cancelled the booking.
- You must wait out one year from the date of the cancellation before you can apply or list yourself as an essential occupier of a new EC
- If you had previously bought a DBSS flat/ EC using a CPF Housing Grant and subsequently terminated the Sale and Purchase Agreement.
- You must wait out five years from the date of the termination before you can apply or list yourself as an essential occupier of an EC.
Frequently Asked Questions (FAQ)
Your average gross monthly household income must not exceed S$16,000.
For your New EC application, you and the other applicants and essential occupiers will need to get ready the following documents for verification:
- 3 months’ payslips preceding the month of application, if employed full-time (not on commission-basis)
- 6 months’ of income documents preceding the month of application, for other types of employment
- Proof of unemployment, if not working
- HDB may request other documents for verification if needed.
Income / Allowance Considered | Income / Allowance Not Considered |
Examples of income/allowance that are part of the computation of household income:
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Examples of income/allowance that are not part of the computation of household income:
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You can apply for New EC under the Orphans Scheme.
- You and your siblings (those applying) are orphans and single, i.e. unmarried, divorced, or widowed.
- All of the single siblings must be listed in the same application.
- At least 1 of the deceased parents was a Singapore Citizen or Singapore Permanent Resident.
- Siblings are not allowed to buy or rent flats separately.
You can apply for New EC under the Joint Singles Scheme.
- Under the HDB family nucleus rules, you and up to 3 other co-applicants, who are singles (unmarried, divorced, or widowed), Singapore Citizens and above 35 years old, can jointly apply for a New Launch EC.
- The CPF Housing Grant for singles is not available when buying a New Launch EC.
A Singapore Permanent Resident (PR) can only buy New Launch EC if their spouse is a Singapore Citizen.
- If both you and your spouse are PR, or you are a single PR, you can only buy a Resale EC from the open market.
- The first EC owners have to serve their 5-year MOP on the EC before they can sell their EC to either Singapore Citizen or Singapore PR in the open market.
Foreigners cannot buy New Launch EC in Singapore.
- New Launch ECs are designed to cater to Singaporeans who can afford more than an HDB flat but find private residential property out of their reach.
- Foreigners can only buy a fully privatized (after 10 years from TOP) Resale EC from the open market.