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What are the eligibility conditions for a new launch EC in Singapore
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• Family Nucleus:
At least one Singapore Citizen, forming an eligible family nucleus, such as married/engaged couples, parents with children, or single individuals (minimum age 35) applying jointly.
At least one Singapore Citizen, forming an eligible family nucleus, such as married/engaged couples, parents with children, or single individuals (minimum age 35) applying jointly.
• Citizenship Requirements:
For most family profiles, the applicant must be a Singapore Citizen with at least one other Singapore Citizen or Permanent Resident as part of the core family unit.
For most family profiles, the applicant must be a Singapore Citizen with at least one other Singapore Citizen or Permanent Resident as part of the core family unit.
• Age Requirements:
At least 21 years old (35 years old if buying under the Joint Singles Scheme).
At least 21 years old (35 years old if buying under the Joint Singles Scheme).
• Income Ceiling:
Average gross monthly household income must not exceed $16,000.
Average gross monthly household income must not exceed $16,000.
• Ownership of HDB Flat:
If you or any occupiers own an HDB flat, you must dispose of it within six months of completing the EC purchase.
If you or any occupiers own an HDB flat, you must dispose of it within six months of completing the EC purchase.
• Ownership of Other Property:
You must not own or have disposed of any private property within the last 30 months prior to applying for an EC.
You must not own or have disposed of any private property within the last 30 months prior to applying for an EC.