1 / 2

HBD – Future of Housing and Ec

The term "condominium" refers to a community of common interest when some of the real <br>estates is designated for separate ownership and the other piece is designated for common <br>ownership by the owners of the separate ownership portions alone. If the unit owners do not <br>own the undivided interests in the common elements, a common interest community is not a <br>condominium.

MOP
Download Presentation

HBD – Future of Housing and Ec

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. HBD – Future of Housing and Ec Condominium The term "condominium" refers to a community of common interest when some of the real estates is designated for separate ownership and the other piece is designated for common ownership by the owners of the separate ownership portions alone. If the unit owners do not own the undivided interests in the common elements, a common interest community is not a condominium. What is an executive condominium? Executive Condominiums (EC) are strata-titled residences that are constructed and offered to qualified Singaporean households by real estate developers. In the first five years, there are ownership limitations and eligibility requirements. How to upgrade from HDB to EC? Now we will talk that how one can upgrade from HDB to EC. The overall eligibility is still valid to convert the HDB upgrade to EC. The core group of MOP upgrades will be the only a segment of the population we exclusively address in this guide.

  2. If your present HDB has reached its Minimum Occupation Period (MOP), you must wait until the MOP period of five years has passed before applying for an executive condominium. A few months after the official The MOP date is when you can typically seek an appeal, which the developer will examine on a case-by-case basis. You may take a quick, online assessment designed by MOP upgraders to determine whether you can upgrade stress-free and affordably. After finishing the HBD upgrade to EC, you will learn precisely what you can accomplish with your current property and determine your next course of action. Some of our customers who participated in the poll at MOP Upgraders learned that they may upgrade to private property or larger property to enjoy the space. Everyone will want to make sure that finances are in order and that the timetable is well handled because selling and buying properties need significant investment and dedication.

More Related