Income Exceed $14,000?

Combined Household Income Exceed $14,000?

On 15th Aug 2011, the average gross monthly household income was raised from $10,000 to $12,000.

On 23rd Aug 2015, the average gross monthly household income was raised from $12,000 to $14,000.

We still received feedback from buyers who have exceeded the $14,000 income ceiling marginally and still keen to get an EC unit. They find that the cash up front to buy a private development and extra additional buyer stamp duty (ABSD) they need to come out is a lot.

If your household income exceeds $14,000 and still keen to get an EC unit. Give us a call or drop us a message now. We will get back to you on how to proceed.

More choices for Executive Condominium buyers

1. On 23 Aug 2015, we raised the monthly income ceiling to purchase new Executive Condominiums (ECs) from $12,000 to $14,000, for EC projects which were launched for public sale from 23 Aug 2015. Our intent was to ensure that the income ceiling would be applied consistently within each EC project.

2. We have, however, received many appeals to apply the revised income ceiling of $14,000 to all EC projects, regardless of their launch date for public sale. If approved, this will enable homebuyers to enjoy a wider selection of EC units across projects and locations.

3. MND has reviewed the public feedback and agreed that the suggestion was sound. With immediate effect, the revised income ceiling of $14,000 will apply to all EC projects.

Issued by: Ministry of National Development

CLICK HERE TO BOOK AN APPOINTMENT TO VIEW THE SHOWFLAT »

Book Appointmentto view Parc Life Showflat & get the Best Direct Developer Price & Enjoy up to $30,000 CPF Grant! (Limited Time).

OR

Register yourself below to get a copy of Parc Life EC Floor Plans, Full E-Brochure, Pricing, and Latest Updates!

Enquiry *

Your Name *

Your Email *

Mobile Phone *

Make an Appointment? *

I'm Interested In *

2-BR VIVA (753 to 764 sqft)3-BR VIVA (926 to 1001 sqft)3-BR VERANDAH (980 to 1066 sqft)3-BR VISTA (1066 sqft)3-BR VERANDAH + UNIVERSAL ROOM (1109 sqft)3-BR VISTA + UNIVERSAL ROOM (1109 sqft)4-BR VERANDAH (1281 sqft)4-BR VISTA (1270 sqft)5-BR VISTA (1550 sqft)

Your Message*

Tell us how we can help you by providing as many details as you can.

* By subscribing to Future New Launches Newsletter, we will be able to keep you updated of New Properties Launches and Promotions, using the means of communication you have provided us.